this post was submitted on 15 Sep 2024
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post textPicture this:

  1. You type on Google "laptop won't turn on"
  2. Google now knows you have a broken laptop and can estimate how desperate you are to fix it.
  3. Because it knows how desperate you are, it can increase shop prices proportionally.

You are going to pay the maximum they get you to pay.

That's algorithmic pricing.

The more companies know about you, the more they can predict and sell how desperate you are to other stores out there.

An internet-connected car knows much more about you than you realize. A smart TV also knows what you like. Your Alexa knows if there is a problem in the home.

Privacy is much more than just sensitive data.

It's about not giving leverage away.

Because algorithms will use it against you.

Be safe out there.

Nostr.

(page 3) 31 comments
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[–] brbposting@sh.itjust.works 4 points 4 days ago

How could this example be modified a bit?

Maybe they know you’re an executive assistant and you search “CEO’s laptop won’t turn on“.

(Every repair shop already has the opportunity to charge desperation pricing for non-bootable machines.)

[–] woodgen@lemm.ee 2 points 3 days ago (1 children)

So how does this affect me when price comparison sites are a thing?

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[–] hate2bme@lemmy.world 2 points 4 days ago (2 children)

I would never buy a laptop from Google anyway.

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[–] HubertManne@moist.catsweat.com 1 points 3 days ago (2 children)

I don't believe they can ascertain how desperate you are to fix it.

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[–] tyler@programming.dev -4 points 4 days ago (13 children)

That’s not how selling ads works…

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