“They initially gave this AI company 1% of their fares ... by the end of the year, they were going to give it 20% of their fares to muck around with.”

Masters in Business · At The Money: Is Technology Price Gouging Consumers?

Play from 18:36
18:36

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What was described

Partnered with AI startup Fetcher, initially giving it 1% of fares to adjust pricing, later increasing the share to 20% of fares for price-hiking algorithms

1% of fares initially, later 20% of fares

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