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Kroger unveils AI-powered automatic price gouger (pivot-to-ai.com)

submitted 3 months ago by [email protected] to c/[email protected]

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[–] [email protected] 42 points 3 months ago (2 children)

Kroger insists that “any test of electronic shelf tags is to lower prices more for customers where it matters most. To suggest otherwise is not true.” For some reason, nobody trusts them.

Then I'm sure they'll be completely transparent about the criteria used for making the price changes and how the algorithm works, right? Because they're trustworthy, right?

[–] [email protected] 25 points 3 months ago* (last edited 3 months ago) (1 children)

You can absolutely depend on a publicly traded corporation that’s legally obligated to make decisions in the monetary interest of its shareholders—to behave in an altruistic fashion for the benefit of mankind.

[–] [email protected] 10 points 3 months ago

ALL HAIL! 💲

[–] [email protected] 3 points 3 months ago

If it is true, they just admitted to security fraud for not maximizing profits. I doubt it is true but would be interesting to see it in court if they decide to admit to lying in a public press release or security fraud not acting in the interest of shareholders...