Andrew Sage
๐ค SpeakerAppearances Over Time
Podcast Appearances
This is price fixing.
It's just the AI is doing the actual active price fixing.
The landlords are just sharing their data and paying a fee to the service.
And so a bunch of states have tried to stop this because this objectively makes the housing crisis worse.
I know there's some annoying assholes who come out and be like, you shouldn't talk about anything but increasing the supply of housing.
And like, that's idiot shit.
Yes, we need to increase the supply of housing.
This objectively hurts people.
These programs objectively increase the price of rent.
We should be mitigating or making it impossible for businesses like this to exist.
Anyone who disagrees is just being a dummy.
New York passed a law in October that banned the use of AI algorithms to allow landlords to do price fixing.
There's a similar bill in the Massachusetts legislature that's making its way forward right now.
And this is fundamentally what a lot of the opposition to state-level AI regulation is about, is that...
The landlords basically think that this is a great way to make a shitload of money.
And tech companies are like, and we can continue.
We can make a shitload of money selling them the tools to do this.
And states are trying to push back on this.
And like, that's fundamentally what a lot of the impetus behind this executive order is, is an attempt to stop people from making this even more harmful.