Regulating AI and Algorithms: California's New Antitrust Challenges

1 min read
Source: Quanta Magazine
Regulating AI and Algorithms: California's New Antitrust Challenges
Photo: Quanta Magazine
TL;DR Summary

The article explores how algorithms used in pricing can inadvertently collude and drive up prices, making regulation challenging. It discusses recent research showing that even benign algorithms can lead to high prices and highlights the complexities of regulating algorithmic behavior in markets, emphasizing the subtlety of strategic interactions and the potential for unintended outcomes.

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