Enter any domain name and instantly get a rating generated by an AI model.
— Eric Borgos
BEAVERTON, OR, USA, February 2, 2022 /EINPresswire.com/ — BoredHumans.com today launched the world’s first free software domain name enhancement tool powered by machine learning. Type in a domain and instantly get a rating. The AI was trained on thousands of historical domain sales to learn how to generate an estimated price.
The program was created by domain investor Eric Borgos, who has over 25 years of experience in the industry and at one point owned over 9,000 domain names. It determines the value of the domain based on factors such as the number of characters in the domain, the number of queries the keyword/phrase receives in search engines, whether it contains a number or a dash of union, and how much it costs per click to advertise that keyword/phrase.
Other competing domain valuation tools are based on similar data points, but use manual rules created by humans to estimate the price. Instead, a machine learning model uses regression to create an overall best-fit formula for the data. He is often able to perform a task better than a human. Domain name sales and valuations are similar in many ways to real estate, and AI is already widely used in this industry.
In addition to traditional AI methods, BoredHumans.com used AutoML technology (provided by MLWizard.com) to increase model accuracy. AutoML stands for Automated Machine Learning, which is a process that can be used to improve an AI model so that it makes better predictions. It automates the time-consuming tasks that a data scientist spends most of their day—data cleaning, feature engineering, model selection, and hyperparameter optimization—allowing them to focus on building the best possible model. For example, AutoML will automatically test and compare hundreds of different models to see which has the lowest error rate. And it can run it all in the cloud, accomplishing in minutes what used to take days.
Domain names are an $8 billion a year industry, and thousands of premium domains are bought and sold every month in domain marketplaces and domain auctions. Since there is no set method for valuing a domain name (as there is, for example, with real estate), before buying a premium domain, it is essential that the buyer establishes the domain value. Even if several domain brokers or domain experts are asked about the value of a domain, they will likely give a wide range of prices, so it is essential that the buyer gets as much information as possible. One way to do this is to use an automated tool such as the program developed by BoredHumans.com. Although it should not be used as a substitute for a paid professional appraisal, it is a useful resource when deciding whether to buy or sell a domain name.
No registration, membership or download is required on BoredHumans.com. Everything on the site is completely free to use online, including the domain evaluator.
Created in 2020, the site features more than 50 fun and interesting examples of AI that can be used online for free, such as a lyric generator, AI colorized old movies, AI generated pizzas, fake people, AI music, and more. .