Why aren't we pushing back against dynamic pricing?
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Anonymous
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Dynamic pricing that's popular with hotels etc is coming to a service near you. In a few years, you won't see how much items cost anymore. The price will be determined in real time and based on your profile. Thanks to AI and your extensive digital footprint corporations will have access to a vast amount of data to determine how much to charge you. You will find it everywhere, clothing, food, car etc...
How did we get here? Where is the pushback? And when you add health care cost on top of everything, is the goal to make us to spend in perpetuity and having nothing saved. If you think you have enough saved, under dynamic pricing you will simply overpay. |
Anonymous
| Are you asking why there's unfettered capitalism with no regulation? Is that the question? |
Anonymous
| Isnt there restaurant(s) doing this now? Items cost more at certain times? I feel like I heard about this but can't recall. |
Anonymous
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You know how we got here: a hyper capitalist society that values profits over everything, turns a blind eye to the ways technology is used to eliminate privacy and overcome consumer protections, and the demonizing of any movement designed to protect workers or consumers over the interests of business owners/capitalists.
Europe illustrates what pushback looks like: consumer protections with teeth, real suspicion of tech companies who collect and sell consumer data, structural changes to create a voice for workers and consumers (like forcing corporate boards to reserve seats for worker reps or consumer advocates, or creating legal causes of action against tech companies for collecting and selling user data). But Europeans, culturally, value things like livability and workers rights. Some Americans value these things but many Americans are brainwashed by TV and social media into viewing those priorities with suspicion. |
Anonymous
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Economy tickets will disappear as well. In a few years, airlines will only seel you premium tickets.
Blame your government. They don't have your interest in mind |
Anonymous
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I was just reading about this the other day. Apparently 2 people can look at the same flight at the same time select the same seat and the airline will display a price based on their profile.
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Anonymous
| Can't you get around this by using an incognito browsing window? |
Anonymous
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Why do you think college tuition keeps going up? Colleges know how much you have in your 529 lmao.
There is no incentive for them to lower prices when parents are telling each other your $200k is not enough for Lala to attend college. |
Anonymous
| Who is "we"? The administration that tried to abolish the CFPB as its first official act? Why aren't they looking out for consumers? Use your brain. |
Anonymous
Nope! |
Anonymous
| It looks like someone saw how lucrative the dynamic price gouging toll road by I-95 turned out to be so why not apply it to other things? |
Anonymous
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How will we get accurate CPI when dynamic pricing becomes widespread?
And the government conveniently chooses a basket of goods that downplay inflation. |
Anonymous
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I believe the world cup tried dynamic pricing this year and the backlash was swift and they offered a few cheaper tickets as result. But the number of such cheaper tickets that they plan to sell is shrouded in secrecy.
FIFA is not going back. |
Anonymous
Europe actually employs dynamic pricing for many things…you just may view it differently because it’s progressive. As an example, there was a Nokia founder who was ticketed for speeding and had to pay a 275,000 Euro ticket because he was a billionaire, while an everyday person would have received a 50 Euro ticket for the exact same violation. |
Anonymous
| I push back by not making the purchase. |