Orin Kerr on whether we should pass a “deep fakes” law. Or, to be more precise, whether the current language of Ben Sasse’s federal “deep fakes” proposal is a good idea.
New Larry Solum article on artificially intelligent systems. Excellent.
The collusion that we find is typically partial – the algorithms do not converge to the monopoly price but a somewhat lower one. However, we show that the propensity to collude is stubborn – substantial collusion continues to prevail even when the active firms are three or four in number, when they are asymmetric, and when they operate in a stochastic environment. The experimental literature with human subjects, by contrast, has consistently found that they are practically unable to coordinate without explicit communication save in the simplest case, with two symmetric agents and no uncertainty.Emilio Calvano, Giacomo Calzolari, Vincenzo Denicolò, Sergio Pastorello 03 February 2019
Tim Wu criticizes the Supreme Court’s decision in American Express. Says the decision was wrong, but at least the holding was narrow.
Brilliant idea for imposing an “attention tax” on popular but unproductive forms of entertainment. I love this idea, but as the authors acknowledge, it’ll never fly politically.