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ryandrakeyesterday at 7:29 PM3 repliesview on HN

It's going to get much worse. We're soon going to have enough data and compute (and are losing enough online privacy) to allow every company to apply personalized pricing down to the individual. My local restaurant is going to know that I am willing to buy a burger for at most $4.57 and my neighbor is only willing to pay $2.91 for it, and they will have the ability to charge us individually. Every business is going to soak each of us us to the maximum extent that the data says they can.


Replies

falkensmaizetoday at 1:05 AM

I think there’s a pretty good argument to be made that this is discriminatory. Certainly it’s not something I would tolerate as a consumer. I suspect there will be heavy pressure to regulate this practice out of existence if it catches on.

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cheschireyesterday at 11:52 PM

Then your neighbor can charge you up to $1.65 to buy a burger on your behalf and you still get it cheaper.

symfoniqyesterday at 8:41 PM

Who would voluntarily do business with a company that does this? Not me.

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