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AI is a very competitive market where consumers are getting the product for much less than it costs. This does not seem like an area where the government needs
by xnx 17d ago
AI is a very competitive market where consumers are getting the product for much less than it costs. This does not seem like an area where the government needs to butt in.
Attention would be better spent on long list of other poorly behaved companies: cable ISP monopolies, health insurance companies, home insurance companies, etc.
- lenerdenator 17d agoBear with me here: we could do all of them. You can get these companies under control. You just have to, y'know, try.
- seemaze 17d agowe could do all of them, but they all seem to be up to date on their tithe. AI has a somewhat mixed record of tribute.
- NewJazz 17d agoWhy wouldn't the government have incentive to intervene to end a market inefficiency like the one you described?
- stale2002 17d agoBecause the goal of government policy is to help consumers, thats why.
- NewJazz 17d agoNo, it is to help all citizens. Even those who are not a party to a particular market.
- stale2002 16d agoBut really helping consumers is one of the biggest goals here. In fact, our existing ruling on monopoly law actually agree with me on this, in that prices being "too low" is almost never a problem, unless there is very strong reason to believe that its a short term low that will lead to long term high prices . But other than that, lower prices is almost definitionally good in our existing monopoly law interpretations.
- NewJazz 16d agoLaws cannot define good or bad.
- stale2002 16d agoOk thats fine. But the point stands that in many moral frameworks prioritizing consumers is a perfectly good goal and thats why laws were made as such.
- NewJazz 15d agoWhich moral frameworks? Almost universally the point of economics and governance is to produce value for all people, not just those participating in a particular transaction or set of transactions.
- stale2002 15d ago> Which moral frameworks? Well probably the moral framework that lead to courts prioritizing consumers in the first place, and for society to support that. So a pretty common moral framework that literally got baked into the law. > Almost universally the point of economics and governance is to produce value for all people No actually, distribution of that value is a large part of governance, and society takes action to redistribute that value all the time even at the cost of value somewhere else. And large parts of society are happy with that goal. Such as, for example, redistributing that value to consumers that is baked into our legal systems interpretation of these laws.
- downrightmike 17d agoThat's basically the Amazon argument. But it too needs to be addressed
- verdverm 17d agoThat is only one aspect of Ai. There are a whole bunch of people who are addicted to the Ai companions. Reminds me of Big Sugar, who sponsored junk science and lobbied politicians, making salt and fat the bad guts, knowing sugar is likely worse... managing to still largely fly under the radar unlike Big Tobacco/Oil. My hope is that we start treating Big Ai like Big Social, but before they and their dark patterns have become ubiquitous