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If AI software scans you and decides you want the product more than average, should it be able to charge you more money?

AI Price Discrimination and the End of the “Uniform Price”

Sellers have long wished to be able to charge higher prices to customers who are willing and able to pay more. Now, with AI software, sellers may finally have the ability to quickly and accurately analyze customers' willingness to pay. Is this ethical?...
4 min read
Autarkic: A Comprehensive Guide
Definitions Global economics Managing the economy

Autarkic: A Comprehensive Guide

Published on January 16, 2024

Quaternary Sector
Definitions Global economics

Quaternary Sector

Published on January 09, 2024

3d rendering of silicon computer chips with a cloud to symbolize cloud computing
Behavioural economics Global economics

The Rise of Cloud Hosting: Trends, Impacts, and the Role of Managed Services in Supporting a Data-Driven Economy

Published on December 10, 2023

What is the Rust Belt?
Definitions Global economics

What is the Rust Belt?

Published on November 21, 2023

Mid Luxury Sector Grows Amidst Economic Recession
Definitions Global economics

Mid Luxury Sector Grows Amidst Economic Recession

Published on October 25, 2023

Independent Content Creation Continues to Increase in Market Share
Global economics Managing the economy

Independent Content Creation Continues to Increase in Market Share

Published on October 22, 2023

Labour Arbitrage
Definitions Labour markets Global economics

Labour Arbitrage

Published on September 27, 2023

Agglomeration Economies
Definitions Business economics Global economics

Agglomeration Economies

Published on September 11, 2023

The Economy of the Global South Absorbs the Impact of AI Impact and Pivots
Global economics

The Economy of the Global South Absorbs the Impact of AI Impact and Pivots

Published on September 05, 2023

Business Cycle Graph
Definitions Managing the economy Business economics Global economics

Business Cycle Graph

Published on August 06, 2023

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Today, the labor market is undergoing yet another evolution thanks to both applicants and hiring managers using AI.

Algorithmic Hiring and the New Labor Market Matching Function

When you see a job you want, are you using AI to optimize your online application, resume, and cover letter? Do you know whether your words will pass through the hiring managers' filters, or be automatically deleted? A look at the effect of AI on today's hiring markets....
4 min read

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