Want to create an interactive transcript for this episode?
Podcast: thinkfuture: technology, philosophy and the future
Episode: 942 THE FUTURE OF PRICING
Description: Like this video? Subscribe to our newsletter at https://thinkfuture.com
---
Get AIDAILY, delivered to your inbox, every weekday. Subscribe to our newsletter at https://aidaily.us
---
Last week, the news that Wendy's, the well-known hamburger chain, is contemplating implementing AI-driven surge pricing akin to Uber's model stirred quite a discussion. This concept involves adjusting prices in real time based on demand, time of day, and other factors. This approach isn't new; it's been utilized in industries like airlines and hotels for decades through sophisticated revenue management systems that consider countless variables to set the optimal price...