Can AI really raise gas prices?

A lawsuit in California alleges AI software firm Kalibrate encourages gas stations to upload private price data, allowing collusion by gas companies to set prices. Carl Larry, Manager of Enverus MarketView, breaks down the implication of the lawsuit and the impact of algorithmic pricing software.

#bizshow #aigasprices #californiagasprices #inflation #ai #tech #data #gasprices

Watch CGTN LIVE on your computer, tablet or mobile https://www.cgtnnow.com/featured/events/cgtn-live-now-1 Subscribe to CGTN America on YouTube Follow CGTN America: X: @cgtnamerica Facebook: @cgtnamerica Instagram: @cgtnamerica TikTok: @cgtnamerica

This material is distributed by MediaLinks TV, LLC on behalf of CCTV. Additional information is available at the Department of Justice, Washington, D.C.