Under EIP-1559, the bidding system is automated and algorithmically calculated, with the set fee amount fluctuating depending on network congestion.
It's not yet clear about the impact brought by the EIP 1559. I personally didn't like this. EIP was not giving a solution to the scalability problem. This is the main problem that must be solved. The fluctuation was still the same and it's doing even worst than before. The average price for ethereum transactions is always expensive and it never goes back again to the fees before the implementation of EIP 1559.
Instead, these fees will be burned on the network, reducing the circulating supply of ETH over time and addressing concerns around inflation of the coin.
This is the only good thing from the proposal but deflation can be achieved when people must have paid more to the network and this is bad. iceage as the main subject to prevent the inflation on ethereum gets delayed again and again.
The burn was not resolving the problem.