Customers at the wet market in Chun Yeung Street in North Point, Hong Kong. Photo: Sam Tsang
Customers at the wet market in Chun Yeung Street in North Point, Hong Kong. Photo: Sam Tsang
Neil Newman
Opinion

Opinion

Abacus by Neil Newman

Will the AI dynamic pricing lead Hong Kong’s shoppers to virtual insanity?

  • Dynamic pricing has been a feature of retail markets since humans engaged in bartering, but when computers take over it moves to a different level
  • Consumer and producer price indices in China and Japan confirm what the Americans have researched – manufacturing margins in 2021 are hurting badly without it

Customers at the wet market in Chun Yeung Street in North Point, Hong Kong. Photo: Sam Tsang
Customers at the wet market in Chun Yeung Street in North Point, Hong Kong. Photo: Sam Tsang
READ FULL ARTICLE