reSee.it Video Transcript AI Summary
Experiment. 400 people, same moments, same grocery stores, same items. Some paid $4.69 for eights. Some paid $4.28. Wheat thins, four different prices. Peanut butter, three different prices. An algorithm decided who pays more. So how did they decide who pays what? It's watching everything you do, what you search for, what you browse online, what you buy, when you buy it. It builds a profile, and then it calculates what's the most this person will pay. It's called surveillance pricing. Corporations using your data to charge you the maximum amount they think you'll pay.
Here's how they did it. Companies like Instacart bought a firm called Eversight. Every time you buy canola oil, they're testing. Can we charge you 10¢ more? 20¢ more? What's the maximum before you notice? They call it AI for everyday price performance, and they promise grocery stores two to 5% profit increases. Translation, they squeeze millions of dollars out of you, one bag of beans at a time.
And it's not just online. Walmart is lobbying to expand surveillance pricing to physical stores, electronic shelf labels with digital price tags. Tech giants want you to believe you can opt out of that, but you can't opt out of groceries, and they know that. And look, this isn't just about groceries. An Uber driver analyzed a 159 identical rides. Same route, same driver, same car. Some passengers paid $80, others $2.50. Your rent? Landlords are already doing this. The competition bureau investigated. Restaurants, flights, hotels, if it can track you, it can charge you more. Wab Kanu's NDP government saw this coming, so they banned it. Here in Manitoba, we've got a bill to ban predatory pricing. First province in Canada. And what's Doug Ford doing about any of this?
Is this something that your government would be open to banning here in Ontario? No. I'm introducing a motion to ban predatory pricing in Ontario. Doug Ford should put his money where his mouth is and protect you from the American tech giants and corporations that are ripping you off. Go to this link and