There are new concerns around how artificial intelligence might be used to set prices for products, such as airfare. It comes after Delta Airlines announced it was using AI to help adjust prices on ...
Jay L. Zagorsky does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...
For much of history, customized pricing was the normal way things happened. In the past, business owners sized up each customer and then bargained face-to-face. The price paid depended on the buyer's ...
Beyond the Billable Hour: How AI and Client Expectations Are Driving a Shift to Value-Based Pricing in Law Firms Transitioning to fixed or project-based pricing demands a thoughtful reengineering of ...