Has anybody addressed what surveillance pricing might do to supply and demand?
The surveillance price is necessarily limited in what information is used to set some individual's price: credit rating, purchasing history, browsing history, adtech bucket or profile (I don't know what the buzzword is). But that information leaves out a lot of things that go into making a decision to buy or not. The surveillance pricing is algorithmic, and at least at first, will be a hard number: "Here is your price, take it or leave it". My absolutely-without-underpinnings guess is that demand will go down for a lot of goods and services, but maybe it won't, I simply don't know, and I don't have the background to make an informed guess.
Why do corporations think this is in their own best interest?
bediger4000•20m ago
The surveillance price is necessarily limited in what information is used to set some individual's price: credit rating, purchasing history, browsing history, adtech bucket or profile (I don't know what the buzzword is). But that information leaves out a lot of things that go into making a decision to buy or not. The surveillance pricing is algorithmic, and at least at first, will be a hard number: "Here is your price, take it or leave it". My absolutely-without-underpinnings guess is that demand will go down for a lot of goods and services, but maybe it won't, I simply don't know, and I don't have the background to make an informed guess.
Why do corporations think this is in their own best interest?