As artificial intelligence (AI) permeates nearly every sector, the rental market has become one of its newest frontiers. AI-driven algorithms can streamline processes like property pricing, tenant ...
This type of pricing holds enormous potential for retailers as long as they stay vigilant of regulatory moves and consumer sentiment, writes Peter Andrews of Alvarez & Marsal.
AI offers great benefits to retailers, but using personal data to set individualized prices, called surveillance pricing, faces growing regulatory backlash.
Companies are increasingly using pricing algorithms and other AI systems to develop and improve their ability to promptly respond to market conditions, innovate product offerings, and set prices.
As price-setting by computer algorithm becomes increasingly prevalent, states are stepping in to address transparency and fairness concerns that federal legislation has yet to comprehensively tackle.
Forbes contributors publish independent expert analyses and insights. Anisha Sircar is a journalist covering tech, finance and society. Port Washington, New York: New York State Governor Kathy Hochul ...
The Pacific Northwest boasts natural splendors and world-class companies from Amazon and Microsoft to Nike and Columbia Sportswear. But a severe problem undercuts the region’s momentum: a deeply ...