Bipartisan Ohio lawmakers are reviving an effort to regulate pricing algorithms, software that often uses artificial ...
(NewsNation) — What you pay for a Delta Air Lines ticket may soon depend less on timing and more on what an algorithm thinks you’re willing to spend. About 3% of Delta’s domestic ticket prices are now ...
AI offers great benefits to retailers, but using personal data to set individualized prices, called surveillance pricing, ...
Housing tends to be a key part of household wealth, but despite its importance, it has been difficult to measure the value of a property. In a new article, researchers studied the impact of a popular ...
One company choosing to use a quick and reactive pricing algorithm could lead its competitors to increase prices, leading to customers facing higher costs across the board, according to a recent study ...
ALBANY, N.Y. (NEXSTAR) — In New York, the proposed Preventing Algorithmic Pricing Discrimination Act would hamstring programs that set unfair prices using personal data. Democratic Bronx ...
You've probably never thought about it, but the humble price tag has been fighting for us for over a century. Now that price tag is facing extinction with dynamic pricing swooping in to overtake it.
How do you feel about buying something and paying a price that is set for you personally by all-knowing artificial intelligence? This scenario is getting closer than you might think. Delta Airlines is ...
New York Attorney General Letitia James is warning businesses across the state that they must disclose when algorithms are setting prices based on consumers’ personal data—or face penalties under a ...
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