Vass Bednar

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Vass Bednar

Vass Bednar

@VassB

Managing Director @CanShieldInst + co-author of The Big Fix. making sovereignty make sense.

Toronto Katılım Eylül 2009
5.3K Takip Edilen10K Takipçiler
Vass Bednar retweetledi
NEWSTALK 1010
NEWSTALK 1010@NEWSTALK1010·
"In terms of the conversation on ethics in Canada, we haven't had it yet." @VassB Bednar, managing director of @CanSHIELDInst, explains to @MooreintheAM how most Canadians want to ban or regulate algorithmic pricing. ihr.fm/4bB8wPR
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The Canadian Shield Institute
The Canadian Shield Institute@CanShieldInst·
Our full analysis of the Domestic Ammunition Production plan announced this week by the federal government is now online. We give the deal a 3/10 on our Sovereignty Score framework. Funnelling money to a Canadian subsidiary of an American company is weak.
The Canadian Shield Institute tweet mediaThe Canadian Shield Institute tweet media
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Melanie D'Arrigo
Melanie D'Arrigo@DarrigoMelanie·
“Capitalism breeds innovation,” and the innovation is dynamically price gouging people based on how much they need something.
More Perfect Union@MorePerfectUS

Walmart is rolling out digital price tags at all of its stores. At the same time, the corporate giant just secured a patent for "dynamically and automatically updating item prices.” Plus another patent for using machine learning to predict demand and recommend prices.

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Євген Цюряк
Євген Цюряк@DanCiuriak·
@VassB @WabKinew For an analytical take on this issue (posted just before this news dropped), see: When the Perfect is the Enemy of the Good: Price Discrimination, Affordability, Precarity and Market Dynamism - papers.ssrn.com/sol3/papers.cf…, forthcoming in Competition Policy International.
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The Canadian Shield Institute
The Canadian Shield Institute@CanShieldInst·
Today, Ottawa announced a $1.4B decision to buy ammunition, with the majority of the funding going to an American defence giant. We assessed the policy through our Sovereignty Score framework, and it's a 3/10. Does not strengthen Canadian sovereignty.
The Canadian Shield Institute tweet media
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Lukasz Olejnik
Lukasz Olejnik@lukOlejnik·
Walmart has filed a patent for systems that use AI to predict demand and automatically adjust prices. It is installing electronic shelf labels across all US stores. Labels can be remotely updated automatically. The patent that "helps merchants make decisions" is a machine that makes the decision and hands a merchant the paperwork?
Lukasz Olejnik tweet mediaLukasz Olejnik tweet media
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David Coletto 🇨🇦
David Coletto 🇨🇦@DavidColetto·
Most Canadians have never heard the term “algorithmic pricing.” Only 13% recognize it. But when asked about the experience, 58% believe prices are already being set by algorithms at least sometimes. Our latest research explores why Canadians are so skeptical. abacusdata.ca/canadians-are-…
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David Coletto 🇨🇦
David Coletto 🇨🇦@DavidColetto·
Seven in ten Canadians believe algorithmic pricing mostly benefits companies, not consumers. That perception matters. In markets shaped by trust, the feeling that prices are unfair can matter as much as the price itself. Our latest survey digs into this. abacusdata.ca/canadians-are-…
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Vass Bednar
Vass Bednar@VassB·
@JoshDehaas @WabKinew Airlines are a place that second degree pricing has long been normal - initially based on supply/demand, now supercharged with data. The trend of that being applied to everyday products that don’t have the same constraints reflects an extractive casino-fication of the economy.
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Josh Dehaas
Josh Dehaas@JoshDehaas·
@VassB @WabKinew Should airlines should tell you that they might charge someone else another price? Doesn’t everyone know and accept that? If people don’t like Instacart charging based on their profile, can’t they just go to Walmart?
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aworkwife
aworkwife@aworkwife·
@TimHoustonNS can we please copycat this law? No shame in that.
Vass Bednar@VassB

Holy sh*t. @WabKinew's government just made using data to increase prices an unfair business practice. This is historic for Canada. *Proposed bill bans suppliers from charging higher prices to certain consumers based on personalized or algorithmically determined information.

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Vass Bednar
Vass Bednar@VassB·
@JoshDehaas @WabKinew It’s done by ignoring privacy and without consent. If firms want to run pricing experiments to extract the max price from people, they should at least disclose that they are doing so. That way consumers can make informed decisions. Lots of related legislation in the US.
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Josh Dehaas
Josh Dehaas@JoshDehaas·
@VassB @WabKinew How is this a good thing? If some people pay more because they’re willing to pay more, that benefits the rest of us. The most inefficient thing a business can do is charge everyone the same price. Doing so leaves economic growth on the table.
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Levi Cottingham
Levi Cottingham@L_Cottingham02·
@VassB @WabKinew Except there are no recorded cases of this ever actually taking place anywhere in the country. Manitobans would be much better off if the Premier focused on policies that’s would actually bring down the cost of living.
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David Coletto 🇨🇦
David Coletto 🇨🇦@DavidColetto·
New @abacusdataca polling out tomorrow on this and public perceptions and demands on it.
Vass Bednar@VassB

Holy sh*t. @WabKinew's government just made using data to increase prices an unfair business practice. This is historic for Canada. *Proposed bill bans suppliers from charging higher prices to certain consumers based on personalized or algorithmically determined information.

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Keşfet

@CanShieldInst @MooreintheAM @DanCiuriak @WabKinew @CommotionCBC @elamin88 @cadenceweapon @JoshDehaas