Delta has a long-term strategy to boost its profitability by moving away from set fares and toward individualized pricing using AI. The pilot program, which uses AI for 3% of fares, has so far been “amazingly favorable,” the airline said. Privacy advocates fear this will lead to price-gouging, with one consumer advocate comparing the tactic to “hacking our brains.”
Sooo… If you’re broke, does it give you low prices vs someone who is rich?
Kidding, kidding. We all know they’re going to be fucking the lower and middle income brackets hard as hell with this. As if we weren’t already being milked dry, now they want to milk the very blood out of us.
My question is: What the fuck is the endgame? This shit isn’t sustainable. Used to be that most companies were content with steady profits. The last 40+ years has shown us that simply generating a profit isn’t enough, the profits must be constantly going even higher every quarter. But again, this isn’t realistic or sustainable. So why the fuck has the entire world agreed to condone and enable this pathway that is ultimately doomed?
I was thinking the same thing, considering that I have less money to pay to fly my price should be lower, no? But the article ends on this note:
So basically the opposite of what it should be. I wouldnt mind individualized pricing if it meant Delta was robinhooding with their pricing model, but instead they are effectively using their pricing model to force out poorer consumers. Which makes sense from their perspective I suppose considering they can upsell more shit to people with more money.
As someone who lives in a top-wealth zipcode (as a working class person) I assume by next year this means I will no longer be able to afford to fly out of town…
Its starting to make sense why the GOP was working to ban regulation on AI use. This shit is blatantly unethical
There is no fucking way that that is sustained simply due to the fact that people would BURN THIS PLACE DOWN if companies start doing shit like that. No one has money as it is. I’m not convinced we’re not going to burn it down as it is.
These elites has truly lost the plot and are going so far down the comic book villain lane, they’re going to start dying like comic book villains. Dunked in acid, frozen solid, crushed by their exploding submarine, eaten by their own rabid experiments… Who knows, but I’m excited to find out.
You can strike crushed by their exploding submarine off your list. Already happened.
People will not do anything. They might complain on Lemmy/Reddit/Facebook and then go watch another tiktok
Most people don’t even boycot companies for doing this shit.
Uber started this shit years ago. If you’re desperate, they screw you. You’re well off, they screw you. You’re in the middle of nowhere, they screw you. There’s a holiday/event, they screw you. You’re one of their drivers, they screw you daily.
I can’t recall if they ever got sued over it, but they’re still here.
Based on what? People will not do shit.
Based on them literally starving. This is a deranged idea that will infect every aspect of your life if you let it. And when it does, people will starve. There will be violence. That’s my point.
They may abuse us and torture us, but they are psychopathic about it that they are not leaving any bread of circuses. When those end, the top dies. That’s how society works throughout history.
It’s not just Delta. What we really need is tougher regulations to prevent this. Of course there is a snowballs chance in hell this will happen in this administration.
Starving because Delta airlines did a thing? Not sure about that one.
Long term thinking? Nah. None for me thanks.
Look around, dum dum. You see any shit burning to the ground? You think manipulating airline pricing is gonna do it?
This isn’t about fucking flight prices. This is a testing ground. You think it’s going to remain relegated to airlines? If this works out for delta, you’ll see this in grocery stores, in all entertainment, any subscriptions, every single transaction will be reduced to: what is the most you Are physically able to pay currently?
They’re already doing it for apartments and other rentals, and have been for years. Nobody did anything.
Yeah. Yet no one is going to burn Delta to the ground over it.
(emphasys mine)
Financially, giving the higher price to those who have fewer options is exactly “what it should be” so it makes sense that a pattern finding algorithm trained to find patterns in user data that indicate they are likely to agree to higher prices, produces such a result.
It’s Ethically and Morally that this is the very opposite of “what it should be”.
The endgame is stuff as much money into one’s own pocket. That’s it.
The money is gonna be monopoly bills soon at this rate.
This is musical chairs, and everyone involved is desperately hoping that they won’t be one of the ones left without a seat when the music stops. Anybody with a plural number of brain cells must know deep down inside that infinite growth is literally impossible, but they all think they’ll be smart enough to cash out before it all collapses.
There’s a problem with that, though: Money has a notoriously poor nutritional value.
The endgame is that nobody has money and companies go bankrupt. The end.
The most perfected way to live our lives. That’s why aliens visit us you know… to study our highly advanced economic system. There is no rival in the universe. Perfection. /$
The wealthy have more time to shop around and more money to choose another option so companies think they need to provide extra incentives to get them which means better treatment and prices and etcetera.
The poor? Ehh gouge for all they are worth and hope they die so you don’t have to hear them complain.
Which is insane cause that means the poor are the profit margins allowing for the deals of the wealthy.
The higher a percentage of your income is the price of something, the more reason there is to allocate time to find the best price - if something costs you an amount which you earn in 5 minutes, it’s not really worth it to spend time looking for the better price, if it costs an amount which you earn in 2 months, it’s definitelly worth to spend at least several hours looking around.
Granted, as you say, many don’t have the time to do this (though often the Maths for literally taking time of work to do it, do add up), and in my experience most people don’t really make the mental connection between an amount they’re considering spending and how long do they have to work to earn it hence don’t really look around enough when it’s financially logical to do it.
That said, for the reason I gave above, the rich don’t really care about things that “just” cost a couple thousand of dollars, which is why they casually just rent a private jet for a trip - there’s a whole industry for that - or even own one and employ a pilot for it fulltime.