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Right, consumers with LLMs vs sellers using algorithmic pricing (“revenue management” at hotels or landlord rental pricing) is hardly a fair fight. Supermarkets
by 9x39 1y ago
Right, consumers with LLMs vs sellers using algorithmic pricing (“revenue management” at hotels or landlord rental pricing) is hardly a fair fight. Supermarkets want to get in on the action, too.
- whimsicalism 1y agoI think it is actually a pretty fair fight - LLM gives consumer baseline understanding of what the price should be. Coordination schemes, even if semi-legal for a temporary period as the laws adjust, will ultimately lose to defectors.