Everything you want to know about AI (Artificial Intelligence) - but were afraid to ask
July 15, 2023
Aye to AI?
This article is concerned with Artificial Intelligence (AI): an explanation as to what it is, what it is not, what equipment you need to run it, the pitfalls and dangers involved, and some of the problems unlikely to go away no matter how advanced it becomes. Of greatest rel...
Reconciliation of valuation methodologies
June 28, 2023
Property valuation reconciliation in Australia and New Zealand
The matter of procedures relating to reconciliation of valuation methodologies has long received a modicum of debate and discussion amongst the profession and its stakeholders. Primary references here are the Australian & New Zealand valuation and Property Standards and ...
Capital values of dairy farms and the rural land market
September 1, 2019
What are dairy farm capital values most sensitive to?
Research conducted in relation to the impact of farm commodity prices on farm land values shows time and again they often have only a limited, or even no effect. So, what might be the reasons for this?Rural land values - a long term view adopted by stakeholders?First of all,...
TAGS
computer jargonmoral judgementsocioeconomic impactOpenAIAI experimentslanguage modelautonomous systemsarficial general intelligence (AGI)General AIAI engineneuromorphic chipsfield-programmable gate arrays (FPGAs)Tensor Processing UnitsdatasetsThought leadershipdata qualitydeep learning trajectoryAI trainingdeep learningsafetyChatGPTtechnologyArtificial intelligenceAIindigenous peopleMāoriKāwanatangaAotearoaPākehāTangata TiritiTangata whenuaTe Tiriti o Waitangisovereigntykotahitangatino rangatiratangaPINZNZIVValuer-Generals Office NZwater rightswateropportunity costdairyproperty valuefarmrural landdairy farmcapitalisation raterisk mitigationriskreal estate marketproperty marketdisclosureinsuranceFault Avoidance ZoneFAZnatural hazardsfinancial stabilityAustralian Valuers Institute (AVI)Australian Institute of Valuers & Land EconomistsAustralian Property Institute (API)Valuer-GeneralValuers Act 1948Valuers Registration BoardNew Zealand Institute of Valuers (NZIV)Property Institute of New Zealand (PINZ)investment rulescapital gainsTreaty of Waitangiforeign investmentoverseas investmentland ownershipnitrate leacingvaluation standardsvaluation approachesvaluation methodologyreconciliationvaluationfarm managementregulationfam valuesnitrogennutrient regulationpollutionholding costshousing affordabilityhousing