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Xatolos@reddthat.com to News@lemmy.world · 9 months ago

We’re Entering an AI Price-Fixing Dystopia

www.theatlantic.com

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We’re Entering an AI Price-Fixing Dystopia

www.theatlantic.com

Xatolos@reddthat.com to News@lemmy.world · 9 months ago
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Algorithmic collusion appears to be spreading to more and more industries. And existing laws may not be equipped to stop it.
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  • macniel@feddit.org
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    9 months ago

    can the “AI” Bubble please burst now? Things like this showcases how it is used on a large scale to hurt humanity (while some bigwigs earn big money by doing so).

    • MagicShel@programming.dev
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      9 months ago

      This is only AI in a broad sense, and has nothing to do with LLMs or the bubble. This type of use isn’t going anywhere. This is just algorithms.

  • citrusface@lemmy.world
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    9 months ago

    Rich coming from the Atlantic considering their recent articles are being written by “AI”.

    • TrickDacy@lemmy.world
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      9 months ago

      Ah yes, the most prevalent form of price fixing: poorly writing random articles.

  • cynthorpe@discuss.online
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    9 months ago

    Entering? We’ve been there for a decade.

  • harrys_balzac@lemmy.dbzer0.com
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    9 months ago

    We don’t need the “Dystopia” in the headline. Dystopia is the baseline.

  • francisfordpoopola@lemmy.world
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    9 months ago

    That’s not good. I haven’t thought about this use case before.

  • Media Bias Fact Checker@lemmy.worldB
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    9 months ago
    Atlantic - News Source Context (Click to view Full Report)

    Information for Atlantic:

    MBFC: Left-Center - Credibility: High - Factual Reporting: High - United States of America
    Wikipedia about this source

    Search topics on Ground.News

    https://www.theatlantic.com/ideas/archive/2024/08/ai-price-algorithms-realpage/679405/

    Media Bias Fact Check | bot support

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