Topic: Predictive Pricing

2 chapters across the catalog

Poop Particle
Episode 1024 2:43:58 - 2:46:27

1024: Poop Particle

Uber Machine Learning and Predictive Pricing

A Bloomberg report explains Uber's shift toward "upfront pricing" based on a passenger's "propensity to pay." The company uses machine learning to run experiments on specific routes and times of day to optimize income, often pocketing the difference rather than paying drivers.

Solution Space
Episode 730 35:55 - 38:32

730: Solution Space

ABC News 2008 Climate Predictions, 2015 Reality Check

The hosts play a 2008 ABC News montage that predicted dire consequences for June 2015, including $12.99 milk and $9.00 gasoline due to climate change. They compare these predictions to the actual 2015 prices of roughly $3.45 for gas and $5.00 for milk. The segment highlights the failure of alarmist environmental forecasting.