Latest Tech News

Stay updated with the latest in technology, AI, cybersecurity, and more

Filtered by: fare Clear Filter

Should AI Get Legal Rights?

In the often strange world of AI research, some people are exploring whether the machines should be able to unionize. I’m joking, sort of. In Silicon Valley, there’s a small but growing field called model welfare, which is working to figure out whether AI models are conscious and deserving of moral considerations, such as legal rights. Within the past year, two research organizations studying model welfare have popped up: Conscium and Eleos AI Research. Anthropic also hired its first AI welfare

Microsoft AI chief says it’s ‘dangerous’ to study AI consciousness

AI models can respond to text, audio, and video in ways that sometimes fool people into thinking a human is behind the keyboard, but that doesn’t exactly make them conscious. It’s not like ChatGPT experiences sadness doing my tax return… right? Well, a growing number of AI researchers at labs like Anthropic are asking when — if ever — might AI models develop subjective experiences similar to living beings, and if they do, what rights should they have? The debate over whether AI models could on

Scarcity, Inventory, and Inequity: A Deep Dive into Airline Fare Buckets

Airline pricing may seem mystifying, but behind every airfare is a complex system of fare buckets and inventory controls. Airlines don't just sell seats - they manage a dynamic inventory of fares, divided into booking classes (fare buckets) with different prices and rules. For the technically curious, understanding how fare buckets work reveals the "source code" of airline revenue management. This report delves into the hierarchy of booking classes, how airlines update seat availability across r

Delta moves to eliminate set prices, use AI to set your personal ticket price

Fresh off a victory lap after a better-than-expected earnings report, Delta Air Lines is leaning into AI as a way to boost its profit margins further by maximizing what individual passengers pay for fares. By the end of the year, Delta plans for 20% of its ticket prices to be individually determined using AI, president Glen Hauenstein told investors last week. Currently, about 3% of the airline’s flight prices are AI-determined, triple the portion from nine months ago. Over time, the goal is t

The economics behind "Basic Economy" – A masterclass in price discrimination

Basic Economy fares are ultra-restricted airline tickets that offer a lower base price in exchange for fewer benefits than standard economy class. Introduced by major U.S. carriers in the 2010s, these fares have become a widespread strategy for market segmentation - a textbook example of price discrimination in practice. By design, Basic Economy compels travelers to self-select based on their willingness to pay and tolerate restrictions, thus allowing airlines to maximize revenue from different

The Economics Behind "Basic Economy" – A Masterclass in Price Discrimination

Basic Economy fares are ultra-restricted airline tickets that offer a lower base price in exchange for fewer benefits than standard economy class. Introduced by major U.S. carriers in the 2010s, these fares have become a widespread strategy for market segmentation - a textbook example of price discrimination in practice. By design, Basic Economy compels travelers to self-select based on their willingness to pay and tolerate restrictions, thus allowing airlines to maximize revenue from different