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Picture this:

  1. You type on Google “laptop won’t turn on”
  2. Google now knows you have a broken laptop and can estimate how desperate you are to fix it.
  3. Because it knows how desperate you are, it can increase shop prices proportionally.

You are going to pay the maximum they get you to pay.

That’s algorithmic pricing.

The more companies know about you, the more they can predict and sell how desperate you are to other stores out there.

An internet-connected car knows much more about you than you realize. A smart TV also knows what you like. Your Alexa knows if there is a problem in the home.

Privacy is much more than just sensitive data.

It’s about not giving leverage away.

Because algorithms will use it against you.

Be safe out there.

Nostr.

  • Agent641@lemmy.world
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    3 months ago

    Google “I have way too many laptops and they all work great.”

    Google aggressively reduces prices on laptops to tempt you to buy more of them anyway.

    You buy 3 more to go with your ever increasing pile

    • Echo Dot@feddit.uk
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      3 months ago

      Who would potential reselling business idea

      “I have a compulsion to buy laptops but only when they’re less than $100”

    • BigPotato@lemmy.world
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      3 months ago

      Is that why I see all those “I have too many ThinkPads, I just bought three more.” Posts, or is that just what part of the Internet I’m hanging out in?

      • Agent641@lemmy.world
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        3 months ago

        I invest all my money into laptops. When China invades taiwan and TSMC factories self destructs, I will resell them for a modest profit in the demand-heavy market. Literally can’t go tits up.

        • Echo Dot@feddit.uk
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          3 months ago

          I think one of the largest Intel fabs is in Israel for god’s sake. We really do excels as a species don’t we.