PriceDiscrimination
In defense of ‘surveillance pricing’: Why personalized prices could be an unexpected force for equity
In defense of ‘surveillance pricing’: Why personalized prices could be an unexpected force for equity Surveillance pricing, which uses personal data to set individualized prices, has sparked controversy but may have benefits that could make markets more efficient and equitable. The practice, also known as price discrimination, can lead to wealthy customers paying more for […]
🏛️ Politics
What is personalized pricing, and how do I avoid it?
What is personalized pricing, and how do I avoid it? Personalized pricing, where each customer receives a different price for the same product, has become increasingly common across various industries using artificial intelligence (AI) to boost profits by catering to individual customers’ willingness to pay. The shift towards AI-powered pricing models has raised concerns about […]
💻 Technology