this post was submitted on 09 Oct 2023
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578
The rent is too damn algorithmic — DC Attorney General Brian Schwalb is investigating RealPage, a company that helps landlords set rent prices, for potential antitrust violations (washingtoncitypaper.com)
submitted 2 years ago by [email protected] to c/[email protected]
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The rent is too damn algorithmic — DC Attorney General Brian Schwalb is investigating RealPage, a company that helps landlords set rent prices, for potential antitrust violations::Attorney General Brian Schwalb is investigating RealPage, a company that helps landlords set rent prices, for potential antitrust violations.

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[–] [email protected] 24 points 2 years ago (2 children)

I think the worry is that they can change the prices dynamically based on who is in the area.

[–] [email protected] 6 points 2 years ago

That... seems like a silly concern? At best I think you could pull off tricks based on specific timeslots of the day/week (e.g.: lunch rush, weekends, business hours) and most of that was already realistically feasible through bossing around normal humans -- no tech required.

Maybe I'm off-base, but it seems to me like the following things would severely hamper the efforts of anyone attempting to do this at scale:

  • Exploding the complexity and error surface across all price-setting procedures
  • Micromanaging, per location, when/how prices change to compensate for locality-specific stuff like daylight hours and foot traffic
  • Avoiding the very legally dubious scenario of prices autochanging in the time gap between taking an item off the shelf and paying at the register

All of that effort in exchange for what? A few extra quarters on the margin if you do it right but losing a few dimes on the margin (or a class action suit) otherwise? I can already see middle-manager heads exploding in contrition. It might happen someday once active AI store management finally oozes into place... but until that day comes I think shoppers can feel safe knowing that they are merely getting gouged in the same old fashion as their forebearers.

[–] [email protected] 0 points 2 years ago (1 children)

that's gonna been with paper-based as well but yeah I can totally see it happening

[–] [email protected] 6 points 2 years ago

With paper based, they're paying employees to go around and alter the prices, which is too expensive and time consuming.

Digital price tags can be changed on the fly, at once, potentially even automatically.