Posted inLocal News

San Jose could restrict use of AI tools to set rent amid concerns of price manipulation

San Jose housing advocates say corporate property owners are taking advantage of the latest artificial intelligence tech to drive up rent prices — and renters are feeling the financial pain. Councilmember Peter Ortiz has proposed a policy to restrict the sale and use of “algorithmic devices” to set rents or manage home occupancy levels in the city. The proposal […]

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