Washington, Nov. 4 -- Rep. Becca Balint issued the following press release:
Text of Letter (PDF)Washington, D.C. - Representative Becca Balint (VT-AL), a member of the House Subcommittee on the Administrative State, Regulatory Reform, and Antitrust and U.S. Senator Elizabeth Warren (D-Mass.) demanded answers from McDonald's President and CEO Chris Kempczinski about how the company generates AI-driven pricing recommendations, whether McDonald's pressures franchisees to follow them, and how the company assesses the technology's potential harm to consumers and competition. The letter came after reports that the company is using artificial intelligence (AI) to determine the "optimal price" for individual menu items at each of its locations and...