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Algorithmic Pricing | 60 Second Enrichment Economics
Algorithmic pricing is transforming markets by letting AI adjust prices instantly using real-time data. From surge pricing and personalised offers to the risk of automated collusion, algorithms can boost efficiency while raising competition and fairness concerns. As regulators investigate possible misuse, the challenge is balancing innovation ...
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900 snakes escaped from a snake farm in Hengzhou, China after heavy rainfall and floods caused the farm to collapse. Local media reports indicated that the floods were a result of the annual flooding season exacerbated by Typhoon Maysak. According to Chinese outlet, The Paper, some stranded villagers were bitten by escaped snakes but could not seek treatment immediately as roads were cut off. The South China Morning Post (SCMP) reported that most of the escaped snakes were non-venomous, though s
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