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Re:Delta moves to eliminate set prices, use AI to set your p... by lotsofpulp on Thursday July 17, 2025 @04:34PM (#44597880)
Analyzing any single transaction, it seems trivial that what benefits a seller (lower price) hurts a buyer and vice versa.
Re:Delta moves to eliminate set prices, use AI to set your p... by lores on Thursday July 17, 2025 @07:36PM (#44599533)
Life isn't a zero-sum game, and individually profit-maximising actions may not be in even the profit maximiser's interest long-term, let alone society's.

In the European Antiquity and Middle-Ages, at least, there were laws against merchants taking too much profit. It didn't matter if a high price optimised the allocation of a resource - the gouging was seen as more deleterious to society than the inefficiency, and malefactors were punished harshly, with heavy fines or even exile or death.

I feel like we're due for a medieval revival.