Thanks Herb. Not sure about the concluding thoughts, though. As I understand agentic AI, machines can talk to one another. If companies in a market simply instruct their AI application to profit maximize and that agent communicates with other agents where the machine learning is that price competition is not profit maximizing and the algorithms set price to avoid it, the result is anticompetitive pricing. Is that reachable? Should it not be?
my own view: if inter-AI agent communication leading to collusion is a foreseeable result the human operator has a duty to prevent it. If not it is actionable. Whether per se or RoR I’m not prepared to say. I have another post coming up Thursday mornign.
Thanks Herb. Not sure about the concluding thoughts, though. As I understand agentic AI, machines can talk to one another. If companies in a market simply instruct their AI application to profit maximize and that agent communicates with other agents where the machine learning is that price competition is not profit maximizing and the algorithms set price to avoid it, the result is anticompetitive pricing. Is that reachable? Should it not be?
my own view: if inter-AI agent communication leading to collusion is a foreseeable result the human operator has a duty to prevent it. If not it is actionable. Whether per se or RoR I’m not prepared to say. I have another post coming up Thursday mornign.