The Hidden Costs of Personalized Pricing: How AI is Changing the Game

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I found this very alarming and wanted to bring it to the attention of those who might not be aware. Instead of providing a direct link to the article, I will share the main link.

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Click on the article "How AI is Secretly Picking Your Pocket" Below are some quotes from the article.

"In the algorithmic age, pricing variability is increasingly creeping into digital commerce, with charges going up and down in real time"

"So much of AI pricing acts as a regressive tax, charging those with the most the least. For people in underserved areas, with fewer stores, fewer alternatives, there's often no choice but to click 'buy now,' even when it hurts."

"Personalized pricing not only bakes in bias and can drive inflation but creates a world where you never know when your apps are ripping you off."

other8026

The article OP is referring to is: https://www.businessinsider.com/ai-quietly-picking-your-pocket-with-personalized-pricing-2024-7

I've removed the other link because the site appears to be some sort of link aggregator (edit: plus some original articles, not sure of the ratio so "link aggregator" might not be entirely accurate). This way is much easier for people to find it, especially if the discussion goes on for a while and the link to the article is pushed down or off the page.

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other8026 Yes, they are a link aggregator but they are a site with a reputation, that's why I felt comfortable posting it here, but that's O.K, posting the actual site to the article.