
Lina Khan Explains the Federal Trade Commission
The Daily Show: Ears Edition
00:00
Implications of Algorithmic Pricing, Monopolies, and AI in the American Economy
Exploring the dangers of companies utilizing identical algorithms for pricing decisions, potentially resulting in fixed prices and negative outcomes for consumers. The discussion covers the ramifications of monopolies on pricing, wages, supply chains, and shortages, emphasizing the urgency to combat excessive corporate control and market consolidation in the age of AI advancements.
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