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The Bitchuation Room

The New Corporate Ripoff with John Iadarola & David Dayen (Ep 239)

Jul 10, 2024
John Iadarola and David Dayen discuss how corporations are exploiting the pandemic to rip off consumers. They explore Biden's challenges and the influence of corporations in the election. The podcast also includes a humorous game about extreme right-wing figures.
01:34:05

Podcast summary created with Snipd AI

Quick takeaways

  • Corporations exploit data-driven pricing strategies for personalized charges, targeting individual buying behaviors.
  • Surveillance pricing in online spaces allows corporations to manipulate prices without consumer comparison measures, maximizing profits.

Deep dives

Dynamic Pricing and Personalized Pricing in E-commerce

In a data-driven era, corporations leverage dynamic pricing to adjust prices based on various factors, such as IP addresses and zip codes, exploiting information and ensuring isolated customers pay higher prices. Personalized pricing tailors charges to individual buying behavior and payday timing, discerning your willingness to pay rather than ability.

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