1,297 karma · joined April 5, 2015
You could say the entire profession of appraising real estate prices "decreases competition" if the first complaint is valid.
And they certainly haven't monopolized the software space, I'd never even heard of RealPage until the lawsuit, I used Rentometer. There are dozens more, predicting rent prices is hardly a novel idea.
I think that was like one of the toy problems in Andrew Ng's online ML course.
However, I stand by my statement that they’re abused for propagating one’s own agenda.
Like you said there are adversarial LPs, and sometimes there is a clear winner but the opposing side can masquerade behind the opposing LP and make it seem like they’re in good faith.
They’re a net benefit for sure, but it really works best when you don’t have bad actors (I guess that’s probably true for all paradigms though).
Honestly though, what does a publisher of laws do these days? Couldn’t the government just say “actually we’re gonna take over publishing”, throw the PDF in S3 and call it a day?
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I think it’s fine if cities get too expensive; people just need to wake up to the idea of “this place is too expensive for me”.
There are lots of very affordable houses in the Midwest, but everyone seems to want to be a star in Hollywood or a financier in New York (no matter how delusional they are).