Lina Khan on Surveillance Pricing

I thought this might be the case though I did not know what it might be called but my paranoid brain was all over this one too. The ride share pricing was almost funny. Fucking money grubbers. The only way to win is to stop buying shit or we need a thousand Luigis. Gotta admit, the Luigis would be more fun.
And for those of you who wish Republicans were running California, they have or are close to having laws in place to prevent this. California, always first with consumer protections.
Watch Lina Khan's short video.

Never heard of that.

Robert Reich has a lot of great videos on YouTube.

Thanks for the click-bait, but I don't watch video, so I would be grateful if you could summarise in a few words what "this" is, rather than asking me to be outraged by the content of a video I will never see.

bilby said:

Thanks for the click-bait, but I don't watch video, so I would be grateful if you could summarise in a few words what "this" is, rather than asking me to be outraged by the content of a video I will never see.

Click to expand...

It's about how some retailers are now changing prices according to the background of the individual making the purchase.

Surveillance pricing, also known as dynamic pricing or individualized pricing, is a practice where companies use personal data to offer different prices for the same product or service to different consumers. This often involves tracking consumer behavior, location, demographics, and browsing history to determine the highest price a customer is likely to pay. The goal for businesses is to maximize profits by tailoring prices to individual consumers.

Click to expand...

Reasonable accommodation: Geeky Gadgets has this very story. Duck Duck Go "Surveillance pricing".

I love Lina Khan and that's not just skin deep. I could sit and watch her do taxes all day. She makes a comment here on The Daily Show at 15:52 "New Algorithm" about instead of looking to these large companies that control 75% or more of their market, look at the fact that they are all using the same algorithm to set their pricing. That is the monopoly behind the near monopoly. Is it effectively price collusion when this same algorithm reaches the same conclusion? We are truly good an fucked.

bilby said:

Thanks for the click-bait, but I don't watch video, so I would be grateful if you could summarise in a few words what "this" is, rather than asking me to be outraged by the content of a video I will never see.

Click to expand...

How much would it be worth to you to know?

I can't imagine what it's going to be like in the coming decades. Sensors and cameras everywhere gathering information, mood, state of mind, health - you have a headache, buy aspirin, see a doctor, or whatever - I expect.