You could argue that that price of these things is determined by ‘the market’ which can be algorithmically driven and thus automated to AI potentially
Comment on AI is your money becoming sentient
Opinionhaver@feddit.uk 1 week ago
I disagree with the premise that most of our financial decisions are algorithmically driven. The majority of my spending goes toward necessities that I have little to no control over - mortgage, groceries, utility bills, insurance, fuel, maintenance, and so on. I’d imagine it’s the same for most people. Very few of my purchases are something I’ve actively decided to buy.
_g_be@lemmy.world 1 week ago
andallthat@lemmy.world 1 week ago
Fair enough… I meant more in the sense of investment/pension funds. Or the fact that the actual value the bills in our pockets have is driven up or (more frequently) down and probably so does the interest rate of your mortgage or the price of your fuel. And maybe not for you, but the algorithms on social media do have influence on what company you choose for your insurance.