Delta is taking flight pricing to new heights with AI, aiming for 20% of ticket prices to be individually tailored by 2025. Soon, it’ll know your wallet better than you do! Just hope it doesn’t read your mind too well—who wants their brain hacked for a f… https://t.co/wVt97y4RRB
Delta Air Lines is using AI to set the maximum price you’re willing to pay https://t.co/2wftuPOPTY
One-person autonomous pods will collapse the price of transport, and enable new business models like paying with personal data & memberships with non-mobility providers (like Apple, IKEA, Patagonia, etc.) New business models have always arrived when marginal cost drops severely https://t.co/0P3Tf6vyyV
Delta Air Lines is advancing its use of artificial intelligence to transform its ticket pricing strategy by the end of 2025. The airline plans to have AI determine 20% of its fares, a substantial increase from the current 3%, with the ultimate goal of eliminating static, fixed pricing altogether. This AI-driven approach will individualize ticket prices based on passenger profiles, demand fluctuations, and routes, effectively tailoring costs to what each customer can afford. The system operates similarly to a live stock ticker, continuously adjusting prices in real time. Delta’s strategy aims to boost profitability by maximizing revenue from individual passengers. While this move is seen as a significant shift in airline pricing, it has also raised concerns and criticism regarding fairness and the potential for predatory pricing practices. The rollout is part of a broader trend in the transportation sector toward dynamic pricing models enabled by AI technology.