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> This type of price discrimination isn't powered by surveillance capitalism Ok in this particular example of price discrimination it isn't. Yet. Sure. Now im

by harry8 4y ago

> This type of price discrimination isn't powered by surveillance capitalism Ok in this particular example of price discrimination it isn't. Yet. Sure. Now imagine you wan't to power it buy surveillance capitalism to get more of that surplus and current laws and norms are no object. What would that look like? How close do you think we will get to that? How fast? [1] Think vendors will keep much of that captured surplus in the face of Goog, FB, Apple, whatever market power? [1] I'd just refuse to buy any ticket unless your country of birth and residency of your family was known, which holidays you celebrate. By which I mean make dis counts readily available on that basis (with exclusions) to really slug anyone going home for high holidays, for example. Frame it as a discount, whatever. So that's one way it might go. Can you think of how this is going to work for insurance? Health insurance? What else would really supercharge revenue using techniques like this?

htag 4y ago
I am not a lawyer, and I am unsure, but I am under the impression there are limits on which variables health insurance companies can vary their prices on. I think health insurance is another example of classic price discrimination costing normal people money. Hospitals will charge different amounts of money for the same medical procedure and the same level of car depending on which insurance is getting billed, or if no insurance is billed. This is caused by thousands of accountants negotiating in advanced. I am actually not worried about Surveillance Capitalism powered Price Discrimination in it's current state. It is probably happening already, but not to a wide degree. A few things would make me worry, and they are also mostly things that are opportunities for price discrimination. * There is no cash option. There is no resell option. There are no advertised prices. * I must disclose personal information to do business, before the prices are revealed. You can link your travel agent website with social media, but you can also guest checkout from a public library. * Comparative shopping is hard/impossible. Ideally the information age actually empowers consumers on this one. This doesn't stop companies from varying prices based on individuals, but it does put downward pressure on prices. Cartels and price collusion can negate this.

by harry8 4y ago

htag 4y ago

I am not a lawyer, and I am unsure, but I am under the impression there are limits on which variables health insurance companies can vary their prices on. I think health insurance is another example of classic price discrimination costing normal people money. Hospitals will charge different amounts of money for the same medical procedure and the same level of car depending on which insurance is getting billed, or if no insurance is billed. This is caused by thousands of accountants negotiating in advanced. I am actually not worried about Surveillance Capitalism powered Price Discrimination in it's current state. It is probably happening already, but not to a wide degree. A few things would make me worry, and they are also mostly things that are opportunities for price discrimination. * There is no cash option. There is no resell option. There are no advertised prices. * I must disclose personal information to do business, before the prices are revealed. You can link your travel agent website with social media, but you can also guest checkout from a public library. * Comparative shopping is hard/impossible. Ideally the information age actually empowers consumers on this one. This doesn't stop companies from varying prices based on individuals, but it does put downward pressure on prices. Cartels and price collusion can negate this.