- how will alg shape future? (bail, drug discovery, child protective service) - alg. prediction change who participates and how they ar organized - world with only alg. () why housing market? identification strategy share digitized (share of counties) research q: 1. digitization spur alg.investor activity 2. rental income - two polar extreme or somewhere in between? - human can see more (discretionary investment) - human investor technology evaluation (alg.investor, human investor) alg.firms are buying more (1000 vs 10) buying vs owning home