Quote:
Originally Posted by Hankphenom
From its inception 100 years ago, the secondary card market has been fascinating, pure capitalism at its finest. But how long (now?) will it be before AI becomes the price-setter for everything, even the rarest of the rare, using all available public information on supply and interpolating demand based on all sales from all times and even "related" card sales to come up with predicted prices. Of course, dealers and collectors will still have to agree on actual prices for deals to get made, but with the knowledge and consent that anything much outside the parameters set by AI is going off the reservation and into uncharted territory.
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AI has to start with existing data. And its results are only as good as the data it's using. Unless it's hallucinating and just pulling crap out of its hat, in which case it's worse than worthless.
I can see technology being further refined to get faster and better at giving us pricing ranges on commodity cards that trade frequently. I don't see it getting better at giving us good pricing on rare stuff that rarely trades. For this group, the day that we all cede our judgment about the value of our own cardboard to some computer is unlikely to ever arrive.