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Hypothetically speaking, if everyone that flies used this and only bought tickets when it told them the prices were low, wouldn't that eventually swap the price
by izzydata 13y ago
Hypothetically speaking, if everyone that flies used this and only bought tickets when it told them the prices were low, wouldn't that eventually swap the prices of tickets since those prices fluctuate based on popularity?
And then even further after that people would continue to only buy tickets at the swapped low prices and at the end of the line prices would all even out at all times.
- allixsenos 13y agohypothetically, this applies to every company trying to give you an edge over something ever :) -Luka (Hitlist)
- geverett 13y agoI long for a world where everyone uses this! But that's a ways off. Regardless, I think there's a need for a much more efficient exchange where airline tickets are concerned - that's part of why we're building this. Right now many, many people want to travel, but the current search paradigm makes it incredibly difficult to find the things relevant to them, so they never end up traveling. Buying tickets isn't just a function of price, it's also having time off work, having people to visit or travel with, and knowing enough about a destination to want to go there.
- notahacker 13y agoBasically you'd have an algorithm arms race between the airlines (who have sophisticated systems to predict estimate which tickets are in low demand and adjusting the prices according to what's actually happening) and the app-makers seeking to increase the demand for cut-priced tickets The net result, if enough people used it (and loads of people didn't have business flights where they were completely indifferent about price so long as the timings worked) would be more rational and even pricing across the board. I'm not sure that's a bad thing.