What is spirit? What is your spirit? Do you care? Spirit is both a psych term and a mystical term. In psychology, “spirit” is about “the non-physical core of a person—the vital force, moral character, a transcendent essence beyond the body, connected to meaning, purpose, and wholeness. Spiritual principles are useful, practical, and profitable. A strategy. What are […]
Technology in appraisal is the new exposure draft — Advisory Opinion (AO41) written by the Appraisal Foundation (Appraisal Standards Board). It does not define what technology is. More importantly, it seems to treat process technologies and product technologies without distinction. Appraisers mostly buy products (like measuring devices), and mostly sell data process technologies (like analytics, […]
Artificial intelligence is a blinding light through a stormy hole in the sky. Punctuated at times by lightning bolts. People yelling “look out.” All this, in a world of UAD and “new” requirements like for time adjustment! Whew! Gonna quit. Gonna retire. Gonna see. Gonna wait. Let’s see how it goes. Fight, flight, or freeze? […]
Intelligence appraisal does not appear in a vacuum. The process follows the same sequence as does the traditional paradigm. The difference is in the tools, the technology, AI, and a sharpening of judgment in the underlying econometric theory. Intelligence Appraisal incorporates Evidence Based Valuation – EBV. Appraiser experience in legacy routine and thinking are the […]