They do nothing that doesn’t increase profits. It could be anything from cutting the staff or hours needed to update pricing or surge pricing. Increasing salsa pricing while offering a minor discount on chips for a large televised sporting event or something. If they can get away with it, they’ll do it.
Electronic Pricing allows them to charge Bill, the Carpenter $2.59 for the gallon of milk, and then charge Karen, the “FinTech” worker $5.30 for the same gallon of milk. Price charges right at register.
They’ll charge whatever they think you, as an individual, can afford.
Remember it isn’t enough to get some, most, of the majority of the money. They want ALL the money. Each individual company.
They do nothing that doesn’t increase profits. It could be anything from cutting the staff or hours needed to update pricing or surge pricing. Increasing salsa pricing while offering a minor discount on chips for a large televised sporting event or something. If they can get away with it, they’ll do it.
You need to think bigger.
Electronic Pricing allows them to charge Bill, the Carpenter $2.59 for the gallon of milk, and then charge Karen, the “FinTech” worker $5.30 for the same gallon of milk. Price charges right at register.
They’ll charge whatever they think you, as an individual, can afford.
Remember it isn’t enough to get some, most, of the majority of the money. They want ALL the money. Each individual company.
When they track your phone ID or use face recognition around the store to adjust pricing we’re fucked.
So far I am glad that Amazon’s “AI” grocery store was Actually Indians. They had all the money in the world and still couldn’t do it.
Here’s hoping the technology to do this reliably is at least a few decades out.