How companies are using AI to make you spend more money

Companies have always tried to maximize profits, but now there are a host of sophisticated tools to determine the prices of the goods and services they sell. At a time when so many Americans are frustrated with rising costs, those tools are under greater scrutiny. Economics correspondent Paul Solman explains how that technology is transforming the prices we pay.

First reported by PBS NewsHour 2 hr ago1 source

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PBS NewsHour23:352 hr ago
How companies are using AI to make you spend more money (opens PBS NewsHour in a new tab)
Companies have always tried to maximize profits, but now there are a host of sophisticated tools to determine the prices of the goods and services they sell. At a time when so many Americans are frustrated with rising costs, those tools are under greater…

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