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2024-08-10 23:19:53

Frank Pasquale on Nostr: “In 2017, then–FTC Chair Ohlhausen gave a speech to antitrust lawyers warning ...

“In 2017, then–FTC Chair Ohlhausen gave a speech to antitrust lawyers warning about the rise of algorithmic collusion. “Is it okay for a guy named Bob to collect confidential price strategy information from all the participants in a market and then tell everybody how they should price?” she asked. “If it isn’t okay for a guy named Bob to do it, then it probably isn’t okay for an algorithm to do it either.”
https://www.theatlantic.com/ideas/archive/2024/08/ai-price-algorithms-realpage/679405/
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