AI is a plaque upon housing in America.
  • Ebby@lemmy.ssba.comEnglish
    42·
    5 days ago

    AI is a plaque upon housing in America.

    facepalm.jpg

    It’s the first thing after the title. At least it wasn’t an AI article I suppose.

  • rc__buggy@sh.itjust.worksEnglish
    34·
    5 days ago

    1/4 of California state lawmakers are landlords. If a user of this software doesn’t want to charge as much as the algorithm says, it gets escalated and RealPage tries to sell them on the price.

    • sugar_in_your_tea@sh.itjust.worksEnglish
      4·
      5 days ago

      Yeah, it’s pretty similar where I’m at too. Unfortunately, the nature of being a legislator means you can only become one if you don’t need to work a regular job. And landlording is certainly one of those jobs that gives you free time to campaign and work as a legislator.

    • realitista@lemm.eeOPEnglish
      43·
      5 days ago

      The AI is just allowing them to work together in a giant price fixing scheme.

      • paraphrand@lemmy.worldEnglish
        14·
        5 days ago

        And this scheme has been quietly building in many industries for the past decade or so. Be it by AI or just an intermediary.

        They are all following the “guidance” of some entity in their industry that is paid to be an expert. And everyone in the industry signs up. That expert then “advises” on pricing and other choices. And slowly over time they are essentially colluding, but with more steps, and then they also benefit from the ability to talk in circles when called on it.

        The practice needs to be outlawed across the board.

  • sunzu2@thebrainbin.org
    20·
    5 days ago

    They have been using algos to fix rent since at least mid 2010s.

    Same thing with other industries. When they have all the data they able to extract the exact amount.

    Limp dick goverment is enabling this.

    In essence we are getting gang banged by landlords while the government is watching in the corner while jerking off.

    These parasites have no fear… Maybe now they got lil. Dead ceo is a pretty strong message