Lately, we aren’t all getting the same price for the same product. Is the rise of data-driven “personalized pricing” corporate innovation or just next-gen gouging?
Our guest, Lindsay Owens, is an economic sociologist and former policy advisor to U.S. Senator Elizabeth Warren. She’s the co-author of “The Age of Recoupment” in The American Prospect’s issue on How Pricing Really Works, and the executive director of Groundwork Collaborative.
Owens discusses how major retailers are using digital surveillance to set individual prices for individual customers. She talks about the evolution of pricing, from the bazaar to the department store to the Taco Bell app, and why AI software may be enabling price-fixing schemes in real estate that are driving up rents across North America.
Also Vass and Katrina compete for hotel deals.
Subscribe to the Lately newsletter, where the Globe’s online culture reporter Samantha Edwards unpacks more of the latest in business and technology.
Find the transcript of today’s episode here.
We’d love to hear from you. Send your comments, questions or ideas to lately@globeandmail.com.
Popular Podcasts
24/7 News: The Latest
The latest news in 4 minutes updated every hour, every day.
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.
The Clay Travis and Buck Sexton Show
The Clay Travis and Buck Sexton Show. Clay Travis and Buck Sexton tackle the biggest stories in news, politics and current events with intelligence and humor. From the border crisis, to the madness of cancel culture and far-left missteps, Clay and Buck guide listeners through the latest headlines and hot topics with fun and entertaining conversations and opinions.