>Roswell Crash Site Sold
https://www.rdrnews.com/2019/02/06/site-of-alleged-1947-ufo-crash-changes-hands/?fbclid=IwAR22UdyrWbHpDtKCr-lSGG33aQmchOnGiHlhkPTy4Sb3gStwVe9VjuQrdCk
Pricing algorithms can learn to collude with each other to raise prices
If you recall, reinforcement learning is a subset of machine learning that uses penalties and rewards to incentivize an AI agent toward a specific goal. AlphaGo famously used it to beat the best human players at the ancient board game Go. Within a pricing context, these systems are given a goal such as to maximize overall profit; then they experiment with different strategies in a simulated environment to find the optimal one. A new paper now suggests that these systems could pose a huge problem: they quickly learn to collude.
https://www.technologyreview.com/the-download/612947/pricing-algorithms-can-learn-to-collude-with-each-other-to-raise-prices/
https://voxeu.org/article/artificial-intelligence-algorithmic-pricing-and-collusion