AI-Driven Price Personalization and Tesla's Earnings Report

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The chapter explores the historical shift in pricing strategies from negotiating prices in-store to AI-driven personalized pricing online, using examples from companies like McDonald's and Walmart. It also delves into Tesla's recent earnings report, discussing their focus on cutting costs, investments in AI, and the transformation from a car company to a tech company under Elon Musk's leadership, alongside Alphabet's profitability and challenges in investments like Waymo and NBA rights bidding war implications.

Episode 372: Neal and Toby recap the FTC’s probe into how companies may use AI to use personalized pricing for its customers. Then, a roundup of the biggest news in the day’s tech earnings from Tesla and Alphabet. Also, the coveted NBA TV rights deal adds some spice when Warner Bros. threw its hat in the ring by matching Amazon’s offer. Next, Logan Paul’s drink brand PRIME is sued by the US Olympic Committee for using trademarked terms to sell products without consent. Meanwhile, Amazon’s dream of placing Echos into millions of households has resulted in a nightmarish reality where it's losing billions of dollars because of it. Lastly, it seems like Apple is moving forward with a foldable iPhone.

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00:00 - Intro

03:00 - AI Surveillance Pricing

08:30 - Tesla and Alphabet Earnings

14:00 - NBA Rights Fight

18:55 - Olympics Suing Prime

22:00 - Amazon Alex Losing Money

25:00 - Foldable iPhone

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