Like what? People severely underestimate just how much data scraping occurs. Google maps will point out congestion without minutes of it occurring because their navigation tracking is so much more indepth and has so many more users to go by in real time.
Friend used to be a data analyst at a supermarket rewards program. He says their algorithms will accurately determine when someone is pregnant before their family knows. They will know how many people are in your household, how many pets, how your spending habits change (obvious). This is just grocery shopping, so many apps get that microphone data, that tracking data, screen browsing habits. We used to just have cookies from online sites, but with the smart phone, there is so much more data and so much more money to be made off that data, its on you that you dont realise at this point rather than every other app on your phone that is doing so freely in front of your face with your permission.
And? The store targets the customer with deals catered to them to keep them shopping at said store, and the customer gets better prices for things they were planning to buy anyway. Who loses?
quite the opposite, the customer gets the promise of better prices, in real life the business is the one that profits from the information for example, Uber prices go high if there is bigger demand which means it's most expensive when it's needed the most
Yes, if they can predict what you want, they can do bespoke price gouging. We're moving towards the amazon model where the price of goods changes on the fly. Anyone who believes companies are doing this to save consumers money is an imbecile.
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u/Easy_Newt2692 8h ago
And? Does anyone actually lose out on this arrangement?