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Uber Caught Using AI to Calculate Socioeconomically-based Pricing Structure
What can you afford to pay for an Uber ride? Uber has
installed AI to help it figure that out. Uber pricing is not as cut and dry as
a taxi service, which, at least in Philadelphia, is based on an initial ride
charge, passenger number, distance and time rate. Uber’s software considers
what neighborhood you are coming from and going to, time of day and then takes
a stab at what it thinks you will be willing to pay. The previous pricing algorithm
calculated the price based on mileage, time,
…
May 22nd 2017