this post was submitted on 11 Aug 2024
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[–] [email protected] 188 points 9 months ago (2 children)

The lawsuits also argue that RealPage pressures landlords to comply with its pricing suggestions—something that would make no sense if the company were merely being paid to offer individualized advice. In an interview with ProPublica, Jeffrey Roper, who helped develop one of RealPage’s main software tools, acknowledged that one of the greatest threats to a landlord’s profits is when nearby properties set prices too low. “If you have idiots undervaluing, it costs the whole system,” he said. RealPage thus makes it hard for customers to override its recommendations, according to the lawsuits, allegedly even requiring a written justification and explicit approval from RealPage staff. Former employees have said that failure to comply with the company’s recommendations could result in clients being kicked off the service

Holy shit that's blatantly cartel pricing.

[–] [email protected] 62 points 9 months ago (1 children)

Holy shit that's blatantly cartel pricing.

That's for courts to decide, peasant!

[–] [email protected] 39 points 9 months ago (1 children)

That's for courts to ~~decide~~ ignore, peasant!

[–] [email protected] 11 points 9 months ago (1 children)

RealPage can afford to send justices on very nice vacations as a gratuity.

[–] [email protected] 5 points 9 months ago

It will certainly be gratuitous...

[–] [email protected] 8 points 9 months ago
[–] [email protected] 98 points 9 months ago (5 children)

Headline talks about AI, article talks about algorithms. Chasing that click bait I see.

[–] [email protected] 45 points 9 months ago (2 children)
[–] [email protected] 3 points 9 months ago (1 children)
[–] [email protected] 1 points 9 months ago (1 children)

Of course, algorithms! The answer was right there all along!

[–] [email protected] 1 points 9 months ago

You can't make algorithms without AI ;)

[–] [email protected] 3 points 9 months ago
[–] [email protected] 14 points 9 months ago* (last edited 9 months ago) (1 children)

True but every article about "AI" is really talking about something else.

[–] [email protected] 3 points 9 months ago

In this case they're talking about "Algorithm Implementation"

[–] [email protected] 13 points 9 months ago* (last edited 9 months ago)

You know AI is an algorithm?

It's probably ML.

[–] [email protected] 1 points 9 months ago

a lot of AI is really just fancy statistics stuff. Years and years ago, I was doing an introductory lesson on some AI tools and the example given was predicting the price of rent or the price of a house. There's likely a mixture of the statistics part to predict and the algorithmic part to increase the amount and see if people bite.

It turns out, most will when everyone is using it bc being homeless kinda sucks.

[–] [email protected] 69 points 9 months ago (1 children)

The issue here is when they get sued into oblivion it doesn't matter. The damage has been done and the state never goes after their personal riches. Wake me up when the ceo goes to jail or has all their property seized.

[–] [email protected] 39 points 9 months ago (1 children)

Wake me up when the fines overshadow the profits.

[–] [email protected] 9 points 9 months ago

Wake me up when capitalism is over (if humanity still exists).

[–] [email protected] 18 points 9 months ago