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by z3c0
25 days ago
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> Artificial intelligence, by expanding firms' computational capabilities, is pushing markets from the competitive regime toward the collusive regime, explaining the empirical emergence of algorithmic collusion without explicit coordination. Wow... this is quite fascinating. It has been theorized for a little while that widespread AI could form accidental trusts due to optimization around one-another. This seems to be taking it a step further and arguing that if P!=NP, then markets are certain to trend towards collusive. |
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