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AI Price Gouging: Corporate Greed Is Out of Control
Corporations are "enhancing their pricing strategy" by combining AI with dynamic pricing. Delta, Walmart, Kroger, Wendy's and other major corporations are using artificial intelligence to set prices based on data they've collected from you, effectively price gouging each of us on an individual basis. From Delta's "full reengineering" of airline pricing to Kroger's pilot program with facial recognition displays, the evidence is disturbing.
#Delta #Walmart
Chapters:
00:00 Intro
00:52 Uber Surge Pricing
01:58 Dynamic Pricing Isn’t New, But AI Is
02:46 Online Age Verification Gives More Data to Big Tech
03:25 AI Could Access Public and Private Data Records
04:11 Delta AI Dynamic Pricing
04:33 Delta Earnings Call
04:58 Fetcherr AI and Delta Receiving Backlash
06:30 Walmart Digital Displays
07:02 Walmart Dynamic Pricing
07:29 Inflated Grocery Prices
08:45 The Technology Could Be Used for Good
09:07 Lower Income Households Pay More for Internet
09:31 Digital Displays Hide Tariff Costs
10:27 Kroger Technology and Data
11:10 Kroger Digital Displays
12:07 Kroger Piloted Cameras and Facial Recognition
12:41 Kroger Surveillance Tech and Robotics
13:41 Wendy’s Dynamic Pricing
13:56 Wendy’s Earnings Call - AI
14:11 Wendy’s Digital Menu Boards
15:10 Wendy’s Earnings Call - Increase Revenue
16:16 Is This Legal?
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