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I hired an algorithm to help me shop. Here’s what happened

I hired an algorithm to help me shop. Here’s what happened

Computer algorithms are taking over the business of buying and selling products online.

Marek Kowalkiewicz

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In mid-­2020, Bonds, a well-­known Australian fashion retailer, released a line of cotton face masks that had been treated with an antiviral finish. Back then, most people assumed wearing a cotton mask provided good protection against COVID-­19, but masks were in short supply around the country. Unsurprisingly, they sold out in an instant. The company had to make a rush order of another 4 million to keep up with demand. That extra batch sold out immediately too.

Academics tend to refer to “autonomous consumer buying agents”. I prefer to call them digital minions. Getty

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Original URL: https://www.afr.com/technology/how-to-shop-in-the-future-20240214-p5f518