Real estate software provider used AI-powered algorithms to drive up rents, DoJ lawsuit says

Comments

• roofuskit@lemmy.world ⁨2⁩ ⁨months⁩ ago

  Deniable collusion and price fixing as a service is their business model.

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• echo@lemmings.world ⁨2⁩ ⁨months⁩ ago

  Of course they did… highly unlikely they actually get punished, though. And the AI has nothing to do with it…

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  • jacksilver@lemmy.world ⁨2⁩ ⁨months⁩ ago

    Yeah, I does feel like “algorithm” is doing a lot of heavy lifting for the “coordinate pricing between rental properties” bit.

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  • technocrit@lemmy.dbzer0.com ⁨2⁩ ⁨months⁩ ago

    … cause AI doesn’t exist… just fuel for clickbait and grifters.

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• technocrit@lemmy.dbzer0.com ⁨2⁩ ⁨months⁩ ago

  I guess they gotta profit from deprivation and exploitation the old fashioned way… Price fixing informally, politically, etc.

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