In Machines We Trust: How pricing algorithms learn to col...

What this episode covers

Algorithms now determine how much things cost. It’s called dynamic pricing and it adjusts according to current market conditions in order to increase profits. The rise of ecommerce has propelled pricing algorithms into an everyday occurrence—whether you’re shopping on Amazon, booking a flight, hotel or ordering an Uber. We Meet: Lisa Wilkins, UX designer Gabe Smith, chief evangelist, Pricefx Aylin Caliskan, assistant professor, University of Washington Joseph Harrington, professor of business, economics and public policy, University of Pennsylvania Maxime Cohen, Scale AI Chair professor, McGill University Credits: This episode was reported by Anthony Green and produced by Jennifer Strong and Emma Cillekens. We’re edited by Mat Honan and our mix engineer is Garret Lang, with sound design and music by Jacob Gorski.

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How long is this episode of MIT Technology Review Narrated?

This episode is 25 minutes long.

When was this MIT Technology Review Narrated episode published?

This episode was published on October 27, 2021.

What is this episode about?

Algorithms now determine how much things cost. It’s called dynamic pricing and it adjusts according to current market conditions in order to increase profits. The rise of ecommerce has propelled pricing algorithms into an everyday occurrence—whether...

Can I download this MIT Technology Review Narrated episode?

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