AI Price Gouging: Corporate Greed Is Out of Control
Vanessa Wingårdh
@vanessawingardhAbout
Developer exploring the dark side of tech
Video Description
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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