Washington lawmaker seeks ban algorithmic rental market pricing

A little legislative perspective here: in Washington, a legislator is seeking a ban on algorithmic-driven technology that provides rental-market pricing recommendations. The belief is that use of the technology and recommendation they deliver amounts to competitor collusion and drives prices up. Opponents argue the technology is an innovation that drives prices down.

Why does it matter in Minot? If this technology is not here yet, it will be soon. So, consider it a possible look into our legislative future. And in world that will be increasingly guided by unseen AI-driven methods, these debates are likely to surface more often.

Curio : A new type of content. It's not "news" and it's not "commentary," it may not even be about Minot. But whatever it is, Minot may need it or you may enjoy it!

SmartCitiesDive

This article was sourced from:

Robert Freedman, SmartCitiesDive

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MinotVoice

MinotVoice authorship is an amalgamation of source material and local context. It is created with a human touch and an occasional AI assist. When licensing allows or content is provided as a news release, that content is also published under MinotVoice authorship and properly attributed within the article.

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