News

Bill takes on algorithmic pricing

Bill takes on algorithmic pricing

Artificial intelligence Photo: Shutterstock


Springfield, IL (CAPITOL CITY NOW) – How much does this cost? Well, that may depend on who you are. That’s a problem for State Rep Maura Hirschauer (D-Batavia).

“Companies collect enormous amounts of information about us,” said Hirschauer, “about where we go, what we search for, what we buy, how long we stay on a web site, and even what devices we use. Increasingly this information is being fed into algorithms that can decide how much each of us pays for the exact same product or service.”

Hirschauer is running a bill to ban algorithmic pricing. “This bill does not ban ordinary sales, discounts, loyalty programs, coupons, or legitimate market-based pricing that Illinoisans have come to rely on. Businesses can still respond to supply and demand, transportation costs, promotions, and competition.

“What this bill does is stop the use of personal surveillance data to manipulate prices for consumers.”

She and other lawmakers held a news conference Thursday to discuss AI legislation.

Recent Headlines

1 hour ago in Agriculture, Entertainment, Farm, Food Scene, Lifestyle, Local, Music

Sangamon County Fair returns Wednesday

Fresh

Sangamon County Fair returns Wednesday with rides, livestock shows, and family entertainment.

5 hours ago in Entertainment

With jumpsuits, wigs and dance moves, these young boys and teens keep Elvis’ legacy alive

Nearly 50 years after Elvis Presley 's death, a gaggle of exuberant young boys and teens shook up his hometown, intent on keeping the king's legacy alive for a new generation.

5 hours ago in National, Trending

The rise and fall of ‘The Hills’ star Spencer Pratt’s improbable campaign for Los Angeles mayor

He wrote a memoir called "The Guy You Loved to Hate." He's dabbled in rap, releasing a song called "I'm a Celebrity." He started a company selling crystals claimed to have healing properties. But Spencer Pratt was not able to pull off his latest venture — an improbable bid to become mayor of Los Angeles.