NC Landlords Settle AI Rent-Hiking Lawsuit

North Carolina Attorney General Jeff Jackson secures a $7 million settlement from Greystar Management, one of the states largest landlords, for using AI software to illegally inflate rents. This is the second settlement in recent months, following a lawsuit against RealPage and several major landlords, alleging they conspired to use AI software for price-fixing. Greystar has agreed to stop using non-public data for rent setting and will be monitored by the Attorney Generals Office. DNN | The Daily News Now! The world’s first global local news network. Every city. Every story. AI powered. Hosted on Acast. See acast.com/privacy for more information.