Your personal data, including your precise location, browser history, and even your mouse movements, is being used by some companies to show different prices for the same products—a phenomenon the FTC has dubbed “surveillance pricing.”
According to a new FTC report, retailers are hiring “intermediary firms” to algorithmically tweak and target their prices.
“Instead of a price or promotion being a static feature of a product, the same product could have a different price or promotion based on a variety of inputs—including consumer-related data and their behaviors and preferences, the location, time, and channels by which a consumer buys the product,” the FTC says.
Doesn’t this open up a clear pathway way to discrimination?
Even AI and data has bias, add that with malicious intent, and what stops a grocer from charging exploited communities higher prices?
Look at who’s coming into power tomorrow, and who’s sucking him off the most. This shit is about to get ten times worse.
They don’t care if you got black or white skin. They want to syphon your money.