Commentary According to the Wall Street Journal, “Zillow Group said on Thursday that it lost $881 million on its algorithmic-driven home-flipping business last year in its first earnings report since the real-estate company shut down that operation in the fall.” The emphasis is, naturally, mine because, frankly, it’s mind-boggling. Zillow accounts for nearly a third of real estate website traffic and has 135 million properties listed on its site. With that kind of data, how on earth can you run an algorithm that loses you nearly a billion dollars in one year? Two possibilities. One, they have the crappiest AI programmers in the world. But a company that makes $1.6 billion in profit on $3.34 billion in revenue can’t be that dense. So I doubt this is the case. More likely, they fell into the same real estate trap that the world got caught up in prior to the 2007 …