Peter Howitt

Peter Howitt, an esteemed economist and Nobel Prize winner from Brown University, joins the discussion on dynamic pricing. He reveals findings from a study showing 75% of products on Instacart have different prices for different shoppers. The conversation shifts to the role of AI in job disruption and its implications for inequality. Howitt emphasizes the need for regulation to ensure that technological advancements benefit society and protect employment. It's a thought-provoking dive into how our shopping experiences reflect larger economic trends.