American Economic Liberties Project
@econliberties
The American Economic Liberties Project is fighting to realize economic liberty for all, in support of a secure, inclusive democratic society.
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"The GENIUS Act does allow Big Tech companies to issue stable coins, use that as part of their business model, potentially track payments across their ecosystem," says @ChopraUSA on CNBC. "I would have liked to see much stronger protections when it comes to consumers...”
Good letter (and good that it comes from Gallego, Warner and Blumenthal, not quite the usual suspects) on Delta saying it will use AI to set personalized fares. This era of surveillance pricing is advancing fast and lawmakers need to advance with it.
This isn’t speculation — @Delta bragged about it to investors. Great to see @RubenGallego @SenBlumenthal @MarkWarner demanding answers.
Lina Khan: "The holy grail for companies for a long time has been the ability to charge each person what their willingness to pay is. If you're really hungry for lunch, maybe they'll charge you 10 bucks for a burger, but if you're not that hungry, maybe they'll charge you three…
If Delta thought they could use a black box AI algorithm to jack up prices and no one would notice, they should think again. I’m leading my colleagues to demand answers from Delta’s CEO. I won’t stand by while Americans get ripped off
Lina Khan: "The holy grail for companies for a long time has been the ability to charge each person what their willingness to pay is. If you're really hungry for lunch, maybe they'll charge you 10 bucks for a burger, but if you're not that hungry, maybe they'll charge you three…
Delta’s AI pricing scheme is just corporate greed disguised as innovation. They’re using your data to figure out exactly how much they can squeeze from you. I’m demanding answers from Delta’s CEO.