Reuters on X: "McDonald’s is using artificial intelligence to help set menu prices across the US and some global markets, a plan that aims to boost profit but risks alienating customers and attracting antitrust scrutiny https://t.co/FI5dBN4luP"
McDonald’s is using artificial intelligence to help set menu prices across the US and some global markets, a plan that aims to boost profit but risks alienating customers and attracting antitrust scrutiny reut.rs/4hw4YRI
McDonald’s is using artificial intelligence to help set menu prices across the US and some global markets, a plan that aims to boost profit but risks alienating customers and attracting antitrust scrutiny reut.rs/4hw4YRI
Money is the only language corporations speak, so if you're tired of them exploiting people with AI, vote with your wallet.
I eat McDonald's maybe 5 times a year, so it's easy to make it 0. I'm already done with Coke and everything they distribute, who's next?
Reuters way overstates this one and IMO is not correct. We do have a pricing recommendation tool, we have used one since 2003, over 2 decades ago.
We have used statistical pricing models (regression / elasticity) for 23 years. Using an algorithm is not the same thing as “AI is