73. Your Grocery Store is Watching: How AI Prices You Personally

1 h 2 min

Are we entering a dystopian future of grocery shopping if your personal data is being used to set hyper-specific prices just for you? And what if that price changes based upon the day of the week, time of day, how fast you drove to the grocery store, or in what order you did your shopping? Maryland recently became the first state to ban AI-enabled “surveillance pricing” on grocery stores. That sounds like a good thing, but what if we benefit from targeted prices? Join Enoch and Tim as they discuss the nature of price discrimination and who wins/loses when firms know what we are willing to pay.

We highly recommend you listen to our previous episode: AJust Price or Juts a Price?

Credits: Drew Elliot (music)