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Walmart’s AI move could lead to surge pricing — shoppers and experts are outraged: ‘This isn’t innovative, it’s exploitative’

Walmart
New York Post Fews App News Provider
Fews App Post Time Hace 4h

Walmart customers are slamming the retail giant for its new AI-powered pricing tool. Low prices could be in the rearview mirror at Walmart after it won two patents giving computer algorithms more of a role in product pricing. Last week, the retailer landed a patent for a demand forecast tool that’s designed to predict what shoppers will buy and recommend a price based on that.

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