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You can thank pricing algorithms. These are computer programs that look at factors such as supply, demand and the prices competitors are charging, and then adjust the price in real time.
Online pricing algorithms can game the system and ultimately end up costing the consumer more. And the impact of these program can go beyond just a few extra dollars at checkout.
Will algorithms designed for interconnected computers hold up if some of the machines are not here on Earth but flying about ...
Computer scientists have written a network flow algorithm that computes almost as fast as is mathematically possible. This algorithm computes the maximum traffic flow with minimum transport costs ...
The algorithm touts 90% accuracy. By Carrington York , Bloomberg July 2, 2022 (Bloomberg) -- A new computer algorithm can now forecast crime in a big city near you.
If you've shopped online recently, you may have had this experience: You find an item, add it to your cart, and then when you get around to paying, the price has increased.
Online pricing algorithms can game the system and ultimately end up costing the consumer more. And the impact of these programs can go beyond just a few extra dollars at checkout.
Online pricing algorithms can game the system and ultimately end up costing the consumer more. And the impact of these program can go beyond just a few extra dollars at checkout.