Viewing posts by Felicia Dodge
Traveling - it leaves you speechless, then turns you into a storyteller. #WanderlustWednesday
read moreUber recently admitted using artificial intelligence to determine prices based on what they believe customers are willing to pay. The AI system uses destination, time of day, and location to determine the price point. Previously, Uber used a formula that determined price based on mileage, duration, and geographic demand.
The new pricing system uses machine-learning to predict and determine pricing related to sociological factors including wealth in a geographic area. Travelers taking an Uber to and from affluent areas may be asked to pay more compared to other passengers in less affluent locations.
Uber now provides customers …
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