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The future will be personalized pricing for everything. It will be a strange world with strange incentives. For example what motivates me to earn more if I can
by goatinaboat 6y ago
The future will be personalized pricing for everything.
It will be a strange world with strange incentives. For example what motivates me to earn more if I can’t buy more because my personalised price for everything goes up by the same amount?
Airlines already use sleazy tactics to extract more money (perhaps they regret that now), but will this go further down the chain and I pay more for say food as well?
- loopz 6y agoWhy would they regret being bailed out? In these circumstances, society requires safety valves where we can freeze financial activity to address more pressing concerns. Such mechanisms need improvements. But the crisis do highlight practices of ie. stock buybacks where short-term thinking is encouraged and even rewarded. These are just prelude to the next financial meltdown, unless mitigated beforehand.