Incident #528·AI Safety & Failures
Amazon Algorithmic Pricing Allegedly Hiked up Price of Reference Book to Millions
Explainability
Description
Amazon's pricing algorithm was implicated in a reference book about flies' unusual high price of millions of dollars, allegedly due to two sellers using the paid service which based their product's pricing on one another's as competitors.
Actors
Alleged Deployers
- amazon
Alleged Developers
- amazon
Harmed Parties
- amazon
Classification
Risk Domain
AI Safety & FailuresRisk Subdomain
7.3. Lack of capability or robustness
MIT Risk Profile
AIUnintentionalPost-deployment
Topics
Explainability
Source
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