New Legislation Seeks to Ban AI Surveillance Pricing
Recently, Congress members Greg Casar (D-TX) and Rashida Tlaib (D-MI) introduced the Stop AI Price Gouging and Wage Fixing Act aimed at curbing the use of AI surveillance in setting prices and wages.
Key Highlights:
- Delta Airlines has initiated AI-driven dynamic pricing for up to 3% of tickets, planning to expand to 20% by year-end.
- The software from Fetcherr is leading this charge in the airline sector.
- Concerns arise over corporations manipulating consumer data to inflate prices or suppress wages.
Lina Khan, former FTC Chair, emphasized the urgency for regulatory oversight, with reports indicating that practices of “surveillance pricing” are proliferating. Consumers are at risk of being overcharged based on personal data—an issue that demands immediate attention.
🔍 Join the discussion! What are your thoughts on AI surveillance in pricing? Let’s connect and share insights!
