McDonald’s is now using AI to work out how much each customer is willing to pay for a burger 🍔🤖
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One Big Mac in Fresno costs $5.69, but two miles down the road it’s $6.89. The hunt for the “optimal price” could end up breaking one of the most famous ideas in economics. #mcdonalds #ai #pricing #economics #business --------------------------------------------- 🗞️ Fresh Economic News Delivered Weekly https://theinvisiblehandco.beehiiv.com/?modal=signup 📊 Business Enquiries - theinvisiblehandyt@gmail.com --------------------------------------------- More Channels: Check out our business and microeconomics channel, The Invisible Game: https://www.youtube.com/@InvisibleGameCo Check our British history and current affairs channel, The Invisible Crown: https://www.youtube.com/@InvisibleCrownCo --------------------------------------------- Where else to find us: Instagram: https://www.instagram.com/theinvisiblehandco/ TikTok: https://www.tiktok.com/@TheInvisibleHandCo Facebook: https://www.facebook.com/InvisibleHandCo/ Spotify: https://open.spotify.com/show/033PfGdSKakDTcj
Tags: mcdonald's, fresno, california, US, fast food, food, foodie, technology, business, economy, economics, restaurant
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