Technology

59598 readers

3457 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

[email protected]

524

Amazon reportedly used a secret algorithm to jack up prices — A new report details Amazon’s Project Nessie pricing algorithm (www.theverge.com)

submitted 1 year ago by [email protected] to c/[email protected]

55 comments fedilink hide all child comments

Amazon reportedly used a secret algorithm to jack up prices — A new report details Amazon’s Project Nessie pricing algorithm::Amazon deployed a secret algorithm to gauge how high it could raise prices before its competitors stopped increasing their prices as well.

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 10 points 1 year ago

Iirc there was a guy in an iama last year where the guy tracked prices for plane tickets and found that there wasn't any "demand-based" pricing.

I'm fairly sure he was debunked though. My memory is a bit hazy and I refuse to return to Reddit to look for it.