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Victoria Stuart 🇨🇦 🏳️‍⚧️Uber started using 'algorithmic pricing' in Canada. Is that a good or bad thing? <a href="https://www.cbc.ca/news/business/uber-algorithmic-pricing-canada-1.7350399" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.cbc.ca/news/business/uber-algorithmic-pricing-canada-1.7350399</a>"Uber has found a way to take more money from us," said George Wedge, an Uber driver in Toronto.* worries AI-based pay model will mean lower wages for drivers. higher fares for riders <a href="https://mastodon.social/tags/Uber" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Uber</a> <a href="https://mastodon.social/tags/UpfrontOffers" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#UpfrontOffers</a> <a href="https://mastodon.social/tags/UpfrontPayment" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#UpfrontPayment</a> <a href="https://mastodon.social/tags/AI" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#AI</a> <a href="https://mastodon.social/tags/AlgorithmicPricing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#AlgorithmicPricing</a> <a href="https://mastodon.social/tags/DynamicPricing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#DynamicPricing</a> <a href="https://mastodon.social/tags/corporations" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#corporations</a> <a href="https://mastodon.social/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#inflation</a> <a href="https://mastodon.social/tags/PriceGouging" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#PriceGouging</a> <a href="https://mastodon.social/tags/consumerism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#consumerism</a> <a href="https://mastodon.social/tags/optimization" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#optimization</a>#CostFunction <a href="https://mastodon.social/tags/LossFunction" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#LossFunction</a>

Victoria Stuart 🇨🇦 🏳️‍⚧️Anger over concert dynamic pricing <a href="https://www.cbc.ca/news/business/marketplace-cheat-sheet-sep8-1.7315383" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.cbc.ca/news/business/marketplace-cheat-sheet-sep8-1.7315383</a>* Britain's competition watchdog, Competition & Markets Authority investigating Ticketmaster over sale of Oasis tickets * dynamic pricing hiked cost to fans at last minute * most thought they would pay advertised £148.50 ($264 CDN); ended up paying £355.20 ($632)<a href="https://mastodon.social/tags/AI" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#AI</a> <a href="https://mastodon.social/tags/AlgorithmicPricing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#AlgorithmicPricing</a> <a href="https://mastodon.social/tags/DynamicPricing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#DynamicPricing</a> <a href="https://mastodon.social/tags/corporations" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#corporations</a> <a href="https://mastodon.social/tags/CorporateGreed" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#CorporateGreed</a> <a href="https://mastodon.social/tags/TicketMaster" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#TicketMaster</a> <a href="https://mastodon.social/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#inflation</a> <a href="https://mastodon.social/tags/PriceGouging" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#PriceGouging</a> <a href="https://mastodon.social/tags/consumerism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#consumerism</a> <a href="https://mastodon.social/tags/optimization" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#optimization</a> <a href="https://mastodon.social/tags/CostFunction" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#CostFunction</a> <a href="https://mastodon.social/tags/LossFunction" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#LossFunction</a> <a href="https://mastodon.social/tags/Oasis" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Oasis</a> <a href="https://mastodon.social/tags/CMA" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#CMA</a>

Victoria Stuart 🇨🇦 🏳️‍⚧️[thread] algorithmic pricing, dynamic pricing <a href="https://en.wikipedia.org/wiki/Algorithmic_pricing" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://en.wikipedia.org/wiki/Algorithmic_pricing</a>* automatically setting price to maximize seller's profits[thread] affordable housing | private equity, corporations, corporate greed, inflation, profiteering <a href="https://mastodon.social/@persagen/110543876769745739" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://mastodon.social/@persagen/110543876769745739</a>Canadian mega landlord Dream Unlimited using AI pricing to massively hike rents <a href="https://mastodon.social/@persagen/113080600389935351" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://mastodon.social/@persagen/113080600389935351</a><a href="https://mastodon.social/tags/AI" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#AI</a> <a href="https://mastodon.social/tags/AlgorithmicPricing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#AlgorithmicPricing</a> <a href="https://mastodon.social/tags/DynamicPricing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#DynamicPricing</a> <a href="https://mastodon.social/tags/corporations" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#corporations</a> <a href="https://mastodon.social/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#inflation</a> <a href="https://mastodon.social/tags/PriceGouging" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#PriceGouging</a> <a href="https://mastodon.social/tags/consumerism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#consumerism</a> <a href="https://mastodon.social/tags/optimization" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#optimization</a> <a href="https://mastodon.social/tags/CostFunction" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#CostFunction</a> <a href="https://mastodon.social/tags/LossFunction" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#LossFunction</a>

Spektrum (inoffiziell)Beim Training von KI-Modellen sind Verlustfunktionen wichtig: Sie messen die Fehler der Algorithmen. Die richtige Funktion zu finden, ist aber nicht immer einfach. Eine Anleitung.<a href="https://anonsys.net/search?tag=Verlustfunktionen" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Verlustfunktionen</a> <a href="https://anonsys.net/search?tag=Lossfunction" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Lossfunction</a> <a href="https://anonsys.net/search?tag=MaschinellesLernen" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#MaschinellesLernen</a> <a href="https://anonsys.net/search?tag=KI" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#KI</a> <a href="https://anonsys.net/search?tag=K%C3%BCnstlicheIntelligenz" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#KünstlicheIntelligenz</a> <a href="https://anonsys.net/search?tag=Algorithmen" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Algorithmen</a> <a href="https://anonsys.net/search?tag=ITTech" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ITTech</a> <a href="https://www.spektrum.de/news/kuenstliche-intelligenz-der-jahrmarkt-der-verlustfunktionen/2227115" rel="nofollow noopener noreferrer" target="_blank">Wie man den besten KI-Algorithmus findet</a>

Victoria Stuart 🇨🇦 🏳️‍⚧️Extending the Forward Forward Algorithm <a href="https://arxiv.org/abs/2307.04205" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://arxiv.org/abs/2307.04205</a>The Forward Forward algorithm (Geoffrey Hinton, 2022-11) is an alternative to backpropagation for training neural networks (NN)Backpropagation - the most widely successful and used optimization algorithm for training NN - has 3 important limitations ...Hinton's paper: <a href="https://www.cs.toronto.edu/~hinton/FFA13.pdf" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.cs.toronto.edu/~hinton/FFA13.pdf</a> Discussion: <a href="https://bdtechtalks.com/2022/12/19/forward-forward-algorithm-geoffrey-hinton" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://bdtechtalks.com/2022/12/19/forward-forward-algorithm-geoffrey-hinton</a> ...<a href="https://mastodon.social/tags/GeoffHinton" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#GeoffHinton</a> <a href="https://mastodon.social/tags/ForwardPropagation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ForwardPropagation</a> <a href="https://mastodon.social/tags/NeruralNetworks" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#NeruralNetworks</a> <a href="https://mastodon.social/tags/parametrization" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#parametrization</a> <a href="https://mastodon.social/tags/BackproPagation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#BackproPagation</a> <a href="https://mastodon.social/tags/LossFunction" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#LossFunction</a>

Victoria Stuart 🇨🇦 🏳️‍⚧️Grocery costs: Why are stores owned by same companies charging different prices? <a href="https://bc.ctvnews.ca/grocery-costs-why-are-stores-owned-by-the-same-companies-charging-different-prices-1.6462492" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://bc.ctvnews.ca/grocery-costs-why-are-stores-owned-by-the-same-companies-charging-different-prices-1.6462492</a>Comment: I am betting (just a suspicion) that this is algorithmic pricing.Machine learning is largely based on mathematical optimization (mathematical modeling) - minimizing cost / loss functions. It's not necessarily ML at play here, but likely the same types of models fed with socioeconomic, historical. other data (parameters) ...<a href="https://mastodon.social/tags/greedflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#greedflation</a> <a href="https://mastodon.social/tags/FoodSecurity" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#FoodSecurity</a> <a href="https://mastodon.social/tags/CostFunction" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#CostFunction</a> <a href="https://mastodon.social/tags/LossFunction" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#LossFunction</a>

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