ooli3@sopuli.xyz to Science@beehaw.org · 10 days agoGame Theory Explains How Algorithms Can Drive Up Priceswww.wired.comexternal-linkmessage-square5linkfedilinkarrow-up132arrow-down10
arrow-up132arrow-down1external-linkGame Theory Explains How Algorithms Can Drive Up Priceswww.wired.comooli3@sopuli.xyz to Science@beehaw.org · 10 days agomessage-square5linkfedilink
minus-squareManjushri@piefed.sociallinkfedilinkEnglisharrow-up2·9 days agoRight. Profit comes out of the pockets of the buyers. Any system that is optimized to maximize profit is by definition optimized for bad outcomes for the buyers.
Right. Profit comes out of the pockets of the buyers. Any system that is optimized to maximize profit is by definition optimized for bad outcomes for the buyers.