4 ms·
The issue is, you're one person doing this manually. That means there's also a ton of people who don't. This algorithm, unlike a single person, ends up taking
by aaomidi 3y ago
The issue is, you're one person doing this manually. That means there's also a ton of people who don't.
This algorithm, unlike a single person, ends up taking over entire cities, which means now there is no supply & demand. There is supply, and all that supply is effectively the same number.
Demand has no other choice other than meet the supply where they are. It's either that or being without a house.
- theragra 3y agoWhat if there are multiple vendors selling algorithms? Open source bots doing this? How many bots is a collusion?
- polygamous_bat 3y agoEven if you’re talking to your next door landlord and coming up with a joint price, it’s collusion.
- theragra 3y agoBut it is not talking and agreeing. It is algorithm that determines some abstract price that makes sense in the current market. If me and my neighbor use the same formula from Wikipedia, is this also collusion?
- dragonwriter 3y ago> What if there are multiple vendors selling algorithms? Then each vendor’s customers may constitute a small price fixing conspiracy, which is still illegal (price fixing doesn’t have a market threshold before it is illegal) but also a lot less effective, so it probably would be a transitory condition even if it didn’t get punished.
- theragra 3y agoWhat about open source apps? Formulas from blog articles or Wikipedia?