Amazon reportedly used a secret algorithm to jack up prices — A new report details Amazon’s Project Nessie pricing algorithm::Amazon deployed a secret algorithm to gauge how high it could raise prices before its competitors stopped increasing their prices as well.

  • surewhynotlem@lemmy.world
    link
    fedilink
    English
    arrow-up
    55
    ·
    1 year ago

    A “secret” algorithm. Unlike all those other companies that just publish their proprietary algorithms on the net for anyone to try and game.

    My poor eyes are exhausted from all the rolling.

    • hikaru755@feddit.de
      link
      fedilink
      English
      arrow-up
      2
      ·
      1 year ago

      I guess “secret” in the sense that not only the internals of the algorithm, but even the existence of the it is not quite public knowledge.