Many Uber drivers are earning “substantially less” an hour since the ride hailing app introduced a “dynamic pricing” algorithm in 2023 that coincided with the company taking a significantly higher share of fares, research has revealed. 🚗📉💰
Read Full Article
#UberDrivers #DynamicPricing #GigEconomy #Rideshare #DriverEarnings
Read Full Article
#UberDrivers #DynamicPricing #GigEconomy #Rideshare #DriverEarnings
the Guardian
UK Uber drivers’ earnings cut after changes to secretive algorithm
Introduction of ‘dynamic pricing’ also coincided with company raising trip prices, researchers finds
🤬1
AI could soon allow powerful companies to charge each customer a different price for the same product, based on what they think each individual is willing to pay. AI lets firms tailor prices to each user, raising fairness concerns as consumers may unknowingly pay more than others.
Read Full Article
#DynamicPricing #AIEthics #FairPricing
Read Full Article
#DynamicPricing #AIEthics #FairPricing
EurekAlert!
AI pricing could mean everyone pays a different price
Artificial intelligence could soon allow powerful companies to charge each customer a different price for the same product, based on what they think each individual is willing to pay.
🤮7🤬1😡1