Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag AI-driven personalized pricing in Australia uses personal data to set varying prices, prompting calls for stronger consumer protections.

flag Artificial intelligence is enabling personalized pricing across Australia, where companies use data like browsing history and device type to set different prices for the same product based on individual customers’ predicted willingness to pay. flag While dynamic pricing based on demand has long existed, AI now allows firms to tailor offers in real time, boosting sales for platforms like Booking.com. flag However, this shift raises concerns about fairness, transparency, and potential discrimination through proxies like postcode or device. flag Australia’s ACCC has warned current laws are inadequate, calling for urgent regulatory reform, stronger oversight, and algorithmic transparency to protect consumers.

56 Articles