this post was submitted on 04 Oct 2023
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Amazon reportedly used a secret algorithm to jack up prices — A new report details Amazon’s Project Nessie pricing algorithm (www.theverge.com)
submitted 1 year ago by L4s to c/technology
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Amazon reportedly used a secret algorithm to jack up prices — A new report details Amazon’s Project Nessie pricing algorithm::Amazon deployed a secret algorithm to gauge how high it could raise prices before its competitors stopped increasing their prices as well.

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[–] CosmicTurtle 10 points 1 year ago

Iirc there was a guy in an iama last year where the guy tracked prices for plane tickets and found that there wasn't any "demand-based" pricing.

I'm fairly sure he was debunked though. My memory is a bit hazy and I refuse to return to Reddit to look for it.