Tag: algorithm

  • ‘pain point’ : the maximum amount you are willing to pay

    ‘pain point’ : the maximum amount you are willing to pay

    Noah Giansiracusa · Harvard Law Today

    Retailers are looking for what’s called the “pain point.” That’s the maximum amount that you as an individual customer are willing to pay for a specific product

    [an app’s] knowledge of your phone battery’s life to determine how desperate you might be for a ride home, and therefore charge you more for it

    now imagine … they look at me and they know every video I’ve watched on YouTube, everything I’ve searched in Google, and everything I have liked on Facebook, every conversation I’ve had with an AI chatbot. Does that feel like a fair situation?

    Does that feel like a fair situation?

    The wage slaves of the Gilded Age had it easy