Rise of the Machines: Emerging Antitrust Issues Relating to Algorithm Bias and Automation

Wed Feb 01 15:35:00 EST 2017
Dr. Sheng Li and Dr. Claire Xie

Artificial intelligence-driven automation is a collection of emerging technologies that enable computers to take over tasks that we commonly think of as requiring skilled human input. These automation technologies have been hailed as a key driver of the “Fourth Industrial Revolution,” but there have also been warnings that they “have the potential to disrupt the current livelihoods of millions of Americans.” As automation reshapes competitive landscapes across industries, new antitrust issues will undoubtedly arise. This paper focuses on two areas of automation that have begun to draw attention from antitrust regulators: algorithm bias in online services and automated pricing algorithms.