“We recently ran a survey of more than 2,000 alcohol-consuming American adults and found that drunk shopping is an estimated $45B per year industry.”— Zachary Crockett, thehustle.co
“These algorithms are not necessarily programmed to monitor other algorithms in this way. But they learn that it’s the best thing to do to reach their goal of maximizing profit. This results in an unintended collusion of pricing, where prices are set within a very close boundary of each other. If one…”— Graeme McClean, fastcompany.com