Andrew Sage

Trash.

Yeah.

But really what this is about, and the primary focus of most of these state-level laws regulating AI, is the housing market, right?

There's a good article in Politico about this, written by Cassandra Dumais, but she notes that per a National Conference of State Legislatures analysis in July, there were more than 40 pending bills across the United States related to just AI in the housing sector.

And most of these bills are attempting to stop

landlords from using different AI programs to coordinate pricing.

Basically, there are a couple of different programs, the most prominent of which is called RealPage.

And what they do is landlords join these programs and they share information on like what they're

different properties cost, and then the AI knows what everybody is charging and can suggest that they charge higher prices, right?

Now, the way that this is supposed to work is that you as a landlord look out at what's publicly available about the prices of your competitors and look at what your customers are currently willing to bear and then try to set your prices and future price increases based on that.

What RealPage is doing is a legal collusion, right?

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.