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Is AI raising your rent?

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Manage episode 442970591 series 2968533
Content provided by Frequency Podcast Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Frequency Podcast Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The US Department of Justice is investigating a piece of software that it alleges helps landlords share private information and suggests rent increases accordingly. The DoJ says this amounts to digital price fixing, with rents routinely rising by more than expected where the software is used.

And it's happening in Canada, too. A recent affidavit revealed one corporate landlord admitting to the practice, and the app's use is likely far more widespread, leading to increases that blow away previous highs. Is this legal? Should it be? How does algorithmic pricing work on your rent? And what else will it work on next?

GUEST: Martin Lukacs, managing editor at The Breach

We love feedback at The Big Story, as well as suggestions for future episodes. You can find us:

Through email at hello@thebigstorypodcast.ca

Or by calling 416-935-5935 and leaving us a voicemail

Or @thebigstoryfpn on Twitter

  continue reading

646 episodes

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Is AI raising your rent?

The Big Story

36 subscribers

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Manage episode 442970591 series 2968533
Content provided by Frequency Podcast Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Frequency Podcast Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The US Department of Justice is investigating a piece of software that it alleges helps landlords share private information and suggests rent increases accordingly. The DoJ says this amounts to digital price fixing, with rents routinely rising by more than expected where the software is used.

And it's happening in Canada, too. A recent affidavit revealed one corporate landlord admitting to the practice, and the app's use is likely far more widespread, leading to increases that blow away previous highs. Is this legal? Should it be? How does algorithmic pricing work on your rent? And what else will it work on next?

GUEST: Martin Lukacs, managing editor at The Breach

We love feedback at The Big Story, as well as suggestions for future episodes. You can find us:

Through email at hello@thebigstorypodcast.ca

Or by calling 416-935-5935 and leaving us a voicemail

Or @thebigstoryfpn on Twitter

  continue reading

646 episodes

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