justsomeantifas:

mermaidbones:

algopop:

Algorithmic price hikes in times of emergency 

“Airline customers looking to get out of the path of Hurricane have been met with dramatic fare spikes for air travel tickets… Airlines have countered that they have not changed the algorithms that determine their pricing, and that the surges are a simple matter of supply and demand with scores of people trying to book last minute flight out of the storm’s path.“ – Guardian 

“As Florida stocks up on supplies for another monster storm, those looking for bottled water on Amazon have been frustrated to find monster price tags to match. Prices for water on the site reached as high as $100 for a single 24-pack of bottles or $63 for a single 100-ounce jug as of Tuesday morning, according to screenshots from people in the area. While most of the more outrageous listings seemed to come from third-party sellers, at least a few were also set by the company’s own price algorithm.”  – Mashable 

capitalism is violence.

Just to clarify this was spread around yesterday and is NOT the price the airlines are charging. This was from a third party website and the person who originally posted this image has come out and said everything was cleared up. If you still need to get out of Florida:

• JetBlue is reducing their fares. Remaining seats will be between $99 – $159. 
• American Airlines is capping the prices at $99. This is for standard cabin fare and means that prices will not exceed this cost. 
• Delta is capping their prices at $399. This also means that prices will not exceed this cost, however this also includes first class so standard prices will be lower than $399.

Don’t see this post and be discouraged if you were planning on flying out of the area. And stay safe everyone. 

(source)