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The use of AI algorithms to collude on rent pricing in real estate is textbook price fixing and illegal.
“either way it's pretty clear to me that what real page is doing is textbook collusion and price fixing yeah it's just that the textbook was written a long [ __ ] time ago”
Linus Tech Tips · Aug 2024 · 1 episode · 673K views on this topicThe use of AI-driven revenue management software for rent pricing constitutes unethical price fixing.
“basically we made it my whole thing is like look you've got to pick a lane you've got to decide if they're people and therefore should be allowed to intake any content they want like a person would or if they're just algorithms in which case well I guess you can't really do that”
Linus Tech Tips · Aug 2024 · 1 episode · 673K views on this topicExtracted by a model; may misattribute who said what.