A request. Please do better than this:
Grocery store prices are changing faster than ever before — literally. This month, Walmart became the latest retailer to announce it’s replacing the price stickers in its aisles with electronic shelf labels. The new labels allow employees to change prices as often as every ten seconds.
“If it’s hot outside, we can raise the price of water and ice cream. If there’s something that’s close to the expiration date, we can lower the price — that’s the good news,” said Phil Lempert, a grocery industry analyst.
This has to be the most disgusting thing I’ve read all day. I read another article about how they’re doing the same thing with rent prices, evicting everyone in an area and using AI to determine what people are “willing” to pay, with the obvious trick here being that they’ll use this to skyrocket prices, hence the reason for the evictions.
This is one of the reasons I try to avoid the news in the morning. Puts me in a bad mood all day, but this article showed up on The Verge.