Nilay Patel
👤 SpeakerAppearances Over Time
Podcast Appearances
But at the end of the day, the real estate agents still need to buy and sell the properties.
And you can sell them software forever.
Yeah.
It's that customer acquisition cost I'm actually really interested in, right?
If that starts to go up.
Yeah, yeah.
Because less people, we have less dreamers just looking at houses.
All right, let me ask you the question I think everybody thought I was going to ask when I talked about AI.
It's the first question my wife asked me.
It's the first one that comes up.
Every platform that has user content on it, and I would count Zillow as a platform with user content.
It's a little different, but it's still user content.
It's not yours.
Is overrun with slop.
Like pure AI slop.
And I see this in listings now.
Actually, you initially saw it with over HDR photos.
So then the photos you were looking at had no relationship to reality.
And now you're seeing virtual staging.
It's getting maybe one tick too aggressive.