Earlier quoted context omitted.
You're thinking of pricing zones—shoppers in Zone A pay a different price than those in Zone B. This makes sense, for example, if shipping costs are higher in Zone B. The bill in question is about per-shopper pricing (e.g, you and I pay different prices in the same store). This is something Lyft and Uber do, but it's not really possible in retail.
This is possible in retail, or will soon be. Canada's major grocery chain has migrated entirely to LCD price tagging that can receive OTA updates. There are now no paper price labels in the store. The same chains have extensive camera coverage on the entrance / exits of the store. So pricing can be an optimization function as fine grained as persons currently in the store . Cameras on the aisles as well can enforce t…
Maryland to ban A.I.-driven price increases in grocery stores
81–90 of 259 posts
Re: Maryland to ban A.I.-driven price increases in grocery stores
#82Earlier quoted context omitted.
You're thinking of pricing zones—shoppers in Zone A pay a different price than those in Zone B. This makes sense, for example, if shipping costs are higher in Zone B. The bill in question is about per-shopper pricing (e.g, you and I pay different prices in the same store). This is something Lyft and Uber do, but it's not really possible in retail.
This is possible in retail, or will soon be. Canada's major grocery chain has migrated entirely to LCD price tagging that can receive OTA updates. There are now no paper price labels in the store. The same chains have extensive camera coverage on the entrance / exits of the store. So pricing can be an optimization function as fine grained as persons currently in the store . Cameras on the aisles as well can enforce t…
Re: Maryland to ban A.I.-driven price increases in grocery stores
#83Earlier quoted context omitted.
Not to mention seniors discounts, active military, and all kinds of things.
Yes, but those are per category not per consumer , which is a meaningful difference here and one you can't just ignore. Imagine a price label with a small camera that sends your facial image to a classifier of moods. Hungry? Pay 15% more. As you remove the item from the shelf, the tag reads the GUID from the item and records the price in the stores DB. Then, when you checkout, you pay that price. Someone else comes i…
Re: Maryland to ban A.I.-driven price increases in grocery stores
#84Grocery stores have smaller margins and more options compared to pretty much any industry, yet politicians seem to think they are the cause of all of our ills.
No, grocery stores will be the weakest entry point to have the customer get used to get individual pricing. It's not the store owners themselves but big data businesses who do the pricing for them. Essentially taking the freedom away from the shops even further while at the same time squeezing even more money out of customers. This totally distorts supply and demand.
Re: Maryland to ban A.I.-driven price increases in grocery stores
#85Grocery stores have smaller margins and more options compared to pretty much any industry, yet politicians seem to think they are the cause of all of our ills.
It’s just pandering to voters who don’t know better. See: price of eggs in the last election.
Re: Maryland to ban A.I.-driven price increases in grocery stores
#86Why share locked articles? Why would you do such a thing?
Re: Maryland to ban A.I.-driven price increases in grocery stores
#87Earlier quoted context omitted.
> This is something Lyft and Uber do, but it's not really possible in retail. It is possible for retail. For example, you can simply not display the price. You can display a price range. You can use EInk displays which auto-update based on who's approaching the item. And of course it's infinitely possible in an online store. One example of how this is being employed is McDonalds trying to push everyone to use the app…
Your plan fails in a few ways. Refreshing the content on an electronic shelf label (ESL) takes about 30 seconds, and multiple people can view a product simultaneously. Unless the store is giving everyone AR glasses, people will notice the price discrepancy. This assumes you have sufficient data to actually recognize a shopper such as facial ID or some form of iBeacon for every single product for which you wish to imp…
I'm not OK with this. Simple reason, it leaves the wide masses with no other option than to sell their data to survive.
Re: Maryland to ban A.I.-driven price increases in grocery stores
#88These problems arise when dealing with a monopoly, that undermines the free market and that's a far worse systemic problem and the root cause of these issues. AI has nothing to do with it.
Re: Maryland to ban A.I.-driven price increases in grocery stores
#89The end goal must be to emulate US healthcare where nobody knows what things cost and you find out only months or years after buying.
Re: Maryland to ban A.I.-driven price increases in grocery stores
#90Why grocery stores only? It’s also unclear how this will change anything - don’t the grocery stores in richer areas already charge more? I’ve noticed Whole Foods prices are not the same across all stores even in the same state.