We'll see if any of this amounts to something good, but four states three states and Seattle have banned some flavor of algorithmic price gouging this year, so it may be that we get some leadership from the Fed.
We'll see.
We'll see if any of this amounts to something good, but four states three states and Seattle have banned some flavor of algorithmic price gouging this year, so it may be that we get some leadership from the Fed.
We'll see.
The cynic in me thinks being forced to "divulge" via the FCC is corporate intellectual warfare
It's almost like airlines don't make sense as for-profit businesses. The margins are razor thin, they go out of business regularly, they are vital for society to function... so who does it benefit for airlines to be run for profit? Nationalize em.
Air travel isn't a necessity, though. Society existed for a long time before it.
Society has changed a lot since air travel was invented
Haven't any of the many bailouts we've given them done that? They should have.
In a functioning society maybe that's how it'd work. In our society? No it's basically just a way to funnel our tax dollars to corporations which in turn are incentivized to extract maximum profit from those same taxpayers without giving any ownership to the government representing those taxpayers.
It's Trump's FTC, so I'm going to assume they're gathering this information to use against US citizens in some way.
We definitely need regulation on these algos and at the very minimum transparency of the algos themselves. It's been very clear to me that these companies are taking advantage of the riders and the drivers and double dipping based on information gathered from these individuals. Career drivers need to be provided insurance and have reimbursements for car maintenance. Honestly, there needs to be an open state sponsored exchange for these services. Right now these companies are so big they can do whatever they want and crush any competition easily. We need taxes to be taken before people get paid. It's not right to just expect people are able afford to pay taxes at the end of the year.
all 6 comments