Multi-use artificial intelligence-based ensemble model
US11816122B1 · kind B1 · utility
Assignee
Inventors
Key dates
| Filing date | Jun 25, 2020 |
| Grant date | Nov 14, 2023 |
| Priority date | — |
| Expiry date | Aug 11, 2041 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06N3/044
- WIPO fieldComputer technology
- WIPO sectorElectrical engineering
Abstract
Systems and methods for property valuation using automated valuation models are described herein, which involve a complex series of workflows for data processing, automated valuation modeling, and error detection—each of which are capable of leveraging machine learning algorithms/techniques and can be combined and operated together in a specific manner in order to improve data availability and data quality, improve the accuracy of generated property value estimates, improve the performance of the models over time, and allow the property value estimation to be adapted to various use cases. Estimation of property value may involve an ensemble model which reconciles the outputs of different sub-models based on a use case, with the sub-models using different approaches that have their own strengths and weaknesses.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.