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Corporations Learned the Maximum Amount They Can Charge for a Product

31 pointsby cwwc12 months ago

7 comments

DataDive12 months ago
What nobody knows is what happens when everyone goes full ham with manipulations.<p>All these techniques, from gamification to behavioral mining, were developed in isolation - when only one actor maximized their profits.<p>Their results apply when most other actors don&#x27;t pursue the same goals.<p>Once everyone starts to do it, I predict none will work and will be counterproductive on a larger scale.<p>A bit of a tragedy of commons.
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tyingq12 months ago
Feels like there&#x27;s also a practice for a couple of years where companies raise prices in line with inflation, but keep annual employee COLA raises pinned to their typical 2-3% historical rate.
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derelicta12 months ago
Can&#x27;t wait for them to adapt my mcnuggets price based on my credit score.
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ipnon12 months ago
Isn’t this a priori a good thing to know? Is the universe where we can’t accurately determine these numbers a better place to live?
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mitchbob12 months ago
<a href="https:&#x2F;&#x2F;archive.ph&#x2F;2024.06.03-080543&#x2F;https:&#x2F;&#x2F;www.bloomberg.com&#x2F;news&#x2F;articles&#x2F;2024-06-03&#x2F;corporations-learned-the-maximum-amount-they-can-charge-for-a-product" rel="nofollow">https:&#x2F;&#x2F;archive.ph&#x2F;2024.06.03-080543&#x2F;https:&#x2F;&#x2F;www.bloomberg.c...</a>
robocat12 months ago
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HPsquared12 months ago
Oh no, a range of options.