Republicans’ massive artificial intelligence giveaway in their must-pass budget reconciliation bill could kill crackdowns on real estate management company RealPage for raising rents and contributing to the country’s housing crisis. The move comes after RealPage drastically scaled up its lobbying efforts in Washington.
The language in the bill amounts to a ten-year ban on state governments passing any new regulations on artificial intelligence technology. According to congressional staffers and outside policy advocates monitoring the reconciliation package, that section would apply to the growing industry of pricing consultants using AI tools across various sectors, the most powerful player being RealPage.
