Organized Money
Organized Money is a podcast about how the business world really works, and how corporate consolidation and monopolies are dominating every sector of our economy. The series is hosted by writers and journalists Matt Stoller and David Dayen, both thought leaders in the antimonopoly movement. Organized Money is a fresh spin on business reporting, one that goes beyond supply and demand curves or odes to visionary entrepreneurs. Each week Matt and David break down the ways monopolies control everything from the food we eat, to the drugs we take, the way we communicate and even how we date. You’ll hear from workers, business leaders, antitrust lawyers, and policymakers who are on the front lines of the fight for open markets and fair competition.
If you care about an economy that is free and open, one not controlled by a handful of corporations, Organized Money is for you. New episodes out every week until the end of the year. Organized Money is a Rock Creek Sound production, from executive producers Ari Saperstein and Ellen Weiss, and senior producer Benjamin Frisch.
Organized Money
The New Frontier in Price Discrimination
Use Left/Right to seek, Home/End to jump to start or end. Hold shift to jump forward or backward.
This week Matt and David talk with pricing expert Lindsay Owens about Google's plan to turn its Gemini AI into your personal shopping assistant. It sounds convenient until you realize it's actually a massive surveillance pricing operation. Google just announced partnerships with Walmart, Visa, MasterCard, and others to use everything they know about you (emails, photos, calendar, searches) to help retailers personalize prices and steer you toward higher-priced products. Lindsay, who went viral calling this out on Twitter, explains how Google's own reply basically admitted they "restrain price", a pretty wild admission for a company facing antitrust lawsuits. It's a sobering conversation about how AI shopping could turbocharge price discrimination, why major retailers are handing over their pricing power to Google, and whether we can stop this before it's too late.