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Report: Amazon made $1B with secret algorithm for spiking prices Internet-wide(arstechnica.com)

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DeadWorld@lemm.eeM
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cross-posted from: https://lemmy.world/post/6320210

Report: Amazon made $1B with secret algorithm for spiking prices Internet-wide::Report reveals details about Amazon’s secret algorithm redacted in FTC complaint.

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scala@lemmy.ml
8 points

Amazing. And we keep letting these massive companies monopolize further. 😑

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Maoo [none/use name]@hexbear.net
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Capitalism trends towards monopolization and capitalism runs the country

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foksmash@lemm.ee
3 points

Corruption and weak morals can ruin any system.

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Maoo [none/use name]@hexbear.net
5 points

The system is working exactly as its core mechanisms demand and in line with what good (corporate) behavior requires. It does so openly.

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