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This is how Instacart got exposed accessing your personal data to algorithmically adjust grocery store prices based on each person (dynamic pricing) The investigators at More Perfect Union say this is starting to happen everywhere and needs to be regulated “Five months of digging, what we found is bigger...

176,228 görüntüleme • 7 ay önce •via X (Twitter)

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I just went down this rabbit hole, and it's so fascinating. So apparently, airlines have been selling your data to competitors for years. Strange right? I know, hear me out... It's called dynamic pricing. Dynamic pricing is when a company charges you a price calculated specifically for you, based on what they know about you, rather than a fixed price everyone sees. Nobody called it surveillance. The mainstream take on dynamic pricing is that it's sinister and new. Corporations secretly watching, jacking up prices, exploiting desperation. That anger is mostly right. Dynamic pricing isn't a bug that crept into capitalism. It's the entire architecture of how information asymmetry becomes profit. Airlines have always charged different people different prices for the same seat. Hotels. Insurance companies. Actuarial profiling predates the internet. What changed isn't the behavior. It's the resolution. Your battery at 8% telling Uber you're stranded is a higher-resolution version of the taxi driver who saw you running in the rain and didn't turn the meter off. The new part is the precision. They know you searched the same flight six times. They know you're on a Mac. They know your zip code and how long you've been sitting on the page. Old dynamic pricing responded to demand. Surveillance pricing responds to you. The counterargument from the market side is real. Personalization can mean discounts. But companies optimizing for revenue will use behavioral data to find the ceiling, not the floor. What are your thoughts? Is this fair or pure greed from big corp? That's a wrap. Li is a gallery for the greatest minds in economics, psychology, and history. Follow if that interests you. We are ONE genius away. -- P.S. I'm building a course on how the world actually works. Not the surface story, but the incentive layer underneath it. Who funds what. Who benefits from what you believe? Why the official explanation is rarely the complete one. Comment "yes" if you're interested in something like this. Waitlist opens soon.

GeniusThinking

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Friedberg Predicts NYC’s Socialist Grocery Stores Will Be Wildly Popular and a DSA Marketing Tool for 2028 david friedberg: “I think that people have it wrong. I think these grocery stores are going to be wildly popular. I think that everyone's being a little bit too long-sighted in their view on what's going to happen with these grocery stores, with the basic obvious economic arithmetic that someone has to pay for this, and who's going to pay for it, and blah, blah, blah. I don't think it really matters because over the near term, what the cheap grocery stores do is create an incredible success story for socialism that will help to support and fuel the socialist wave in urban centers around this country. Think about the social network effect of the grocery store. So there's a couple of them, and then people start traveling from far away to the cheap grocery store because it has this discount. Again, this'll play out over the next 24 months, going into the 2028 election cycle, and everyone's like, ‘This is so wildly popular. People are coming in from all over the place to go to these grocery stores.’ They're not checking IDs, because IDs are racist, and you can't check IDs to vote, so we shouldn't be able to check IDs for grocery stores. So people will come in from all over the place to use these grocery stores. The demand will go up. And then they'll start to open more and more grocery stores like this. And let's say each one loses $10 million/year and they get to 10 or 20 of these. That's $200 million of losses/year on the grocery store chain. But it creates this extraordinary social movement for more of these grocery stores supporting the DSA and so on. $200 million/year on a $125 billion/year budget for the city of New York is nothing. It's less than a quarter of a percent of the city's budget. That is so cheap to market the DSA platform, and to get the DSA platform to become a social marketing element that drives the next wave here. So again, I do think that these grocery stores, believe it or not, they sound silly, they sound small, but I predict that they will be deemed a point of success, and they will end up being a big part of the fuel for the DSA going into 2028.”

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