Wednesday, August 14, 2024

We’re Entering an AI Price-Fixing Dystopia. (Rogé Karma, The Atlantic, August 10, 2024)

Our St. Johns County Commission and staff have not yet responded to my queries about what they're going to do to help renters confront this cartel behavior.  Wonder why?  Talk about lack of affordable housing requires rigorous economic analysis, not slogans from the Chamber of Commerce and Northeast Florida Builders Council.  Two of five Commissioners support discussion of a Public Housing Agency; three opposed it.  Without a St. Johns County Public Housing Agency, renters are at the mercy of cartels.  Thanks to Commissioners Isaac Henry Dean and Chair Sarah Arnold for supporting discussion of a PHA. No thanks to Commissioner Krista Joseph, whose husband, Dr. Ronald Joseph, M.D spoke against adopting a PHA, along with Commissioners Christian (sic) Whitehurst and Roy Alyre Alaimo, Jr. opposed a PHA, using trite tropes that ignore economic realities.  What do you think?

From The Atlantic:

We’re Entering an AI Price-Fixing Dystopia

Algorithmic collusion appears to be spreading to more and more industries. And existing laws may not be equipped to stop it.

1 comment:

  1. Nelson11:30 AM

    Their plan.. build more high priced housing. If you're spending 50% or more of your income on housing.. that's your own fault for being so damn sorry. Next up, feudal arrangements. Tiny houses out the back of where people work.

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