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Picture this (feddit.org)
submitted 2 months ago by 101@feddit.org to c/microblogmemes@lemmy.world

post textPicture this:

  1. You type on Google "laptop won't turn on"
  2. Google now knows you have a broken laptop and can estimate how desperate you are to fix it.
  3. Because it knows how desperate you are, it can increase shop prices proportionally.

You are going to pay the maximum they get you to pay.

That's algorithmic pricing.

The more companies know about you, the more they can predict and sell how desperate you are to other stores out there.

An internet-connected car knows much more about you than you realize. A smart TV also knows what you like. Your Alexa knows if there is a problem in the home.

Privacy is much more than just sensitive data.

It's about not giving leverage away.

Because algorithms will use it against you.

Be safe out there.

Nostr.

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[-] abysmalpoptart@lemmy.world 6 points 2 months ago* (last edited 2 months ago)

I don't know how accurate this is. Every time i try googling this, i get multiple help forums (brand website, Microsoft help, reddit discussions) for how to troubleshoot, with no ads for new laptops. While i typically provide a more specific search (e.g. my laptop brand and model won't boot), i tried googling "my laptop won't turn on" and received similar, albeit less specific, suggestions.

I wonder if the original poster often searches for laptop prices to find deals and maybe it defaulted to that?

[-] datelmd5sum@lemmy.world 3 points 2 months ago

internet has ads?

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[-] lightnsfw@reddthat.com 5 points 2 months ago

I can see how this would be a concern in theory but currently google can't even find me the products I'm looking for even when I type in exact parameters so we're a long way off from it predicting not only what you need but how desperate you are for it.

[-] Guilherme@lemm.ee 2 points 2 months ago

Worked with both marketing and tech dudes many years ago, and two things I learned were (1) marketing guys overestimate new/fad tools so badly and (2) they (in conjunction with management) can be mercylessly demanding over TI guys.

[-] brbposting@sh.itjust.works 4 points 2 months ago

How could this example be modified a bit?

Maybe they know you’re an executive assistant and you search “CEO’s laptop won’t turn on“.

(Every repair shop already has the opportunity to charge desperation pricing for non-bootable machines.)

[-] MouseKeyboard@ttrpg.network 3 points 2 months ago

Is there evidence previous search-based algorithmic pricing is being used?

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this post was submitted on 15 Sep 2024
1401 points (97.3% liked)

Microblog Memes

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