US lawmakers, in letter, question McDonald’s CEO about algorithmic pricing practices

McDonald’s CEO Faces Warren, Democrats’ Questions on AI Pricing

Internewscast Internewscast Sen. Elizabeth Warren and four other lawmakers are challenging McDonald’s use of… This Post: McDonald’s CEO Faces Warren, Democrats’ Questions on AI Pricing first appeared on Internewscast

McDonald’s CEO questioned over AI pricing tools by Elizabeth Warren, Democrats

The lawmakers expressed concern that McDonald’s uses machine learning algorithms to generate what the company calls the “optimal price” recommendations for each menu item.

US lawmakers, in letter, question McDonald’s CEO about algorithmic pricing practices

Nov 3 - US Senator Elizabeth Warren and four other lawmakers questioned McDonald's use of algorithmic pricing tools in a letter to CEO Chris Kempczinski, which the lawmakers shared with Reuters.The letter, dated November 2, cites a Reuters story from September 29 that found McDonald’s uses machine learnin

Lawmakers challenge Mcdonald’s over use of AI pricing tools

A group of Democratic lawmakers sent a letter to McDonald’s CEO raising concerns about potential consumer harm and anticompetitive behavior from the company’s algorithm-driven pricing recommendations.