Category: Real Estate & Economics
-
The $880 Million Regression Mistake: How Zillow’s Algorithm Learned the Wrong Lesson About Reality
In 2021, Zillow shuttered its “Offers” division after a staggering $880 million loss. It wasn’t a market crash or a lack of data that did them in—it was the math itself. Explore how one of the world’s most sophisticated regression models became “confidently wrong” at scale, and why the most expensive mistake a data-driven company…