A Boring Dystopia

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Amazon reportedly used a secret algorithm to jack up prices (www.theverge.com)

submitted 9 months ago by ooli@lemmy.world to c/aboringdystopia@lemmy.world

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[–] bobloadmire@lemmy.world 1 points 9 months ago

I guess? I always just assume that's what's going on all the time. But there's also people that are going to be massively hyperbolic like yourself too, which I also assume is going on all the time. Everyone is just trying to get money.

Also I wouldn't call this software sophisticated at all, its pretty rudimentary. It's just comparing numbers and adjusting them by an offset. They also stopped using it, I assume because it wasn't sophisticated enough to account for the myriad of market forces at play.