Can businesses use your online data to overcharge you? The short answer is yes. It's a practice called personalized pricing - or, to critics, surveillance pricing. And it's been in the news after Delta Air Lines said it's using AI to set some ticket prices. Now, the airline says it does not engage in this practice, but that hasn't stopped some lawmakers from wanting to ban surveillance pricing. So in the meantime, how concerned should we be as consumers? Sam Levine is a senior fellow at the University of California, Berkeley School of Law and a former director of the Federal Trade Commission's Bureau of Consumer Protection, which recently investigated surveillance pricing.
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LISTEN TO PODCAST ITS ONLY 5 MINUTES.....This is the reason local and state election MATTER!!!