AI Price Negotiator
Surely machine learning would do better than trained price negotiators when it comes to achieving a deal that suits both parties – without the stress.
What happens when you put two price negotiator systems against each other is anyone’s guess – but it may be a way to strike a good deal.
Furthermore, why not use this type of technology for hostage negotiation, where the negotiator secretly just relays the suggestion provided by machine-learning Artificial Intelligence.
Already being used by Fortune 100 companies.
Surprised Deepmind hasn’t been commandeered to make money for people rather than solve less profitable problems. It is super-capable fo so many things. https://deepmind.com/
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I bet open ai can wrangle a haggle or two in a chat prompted by deal strategy.
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“The bots were good negotiators but also excellent liars. They started showing interest in valueless items so that it could later compromise by conceding it.
It seems that they learned the ultimate trick in negotiations.”
Wow, never thought of this. Great idea and as this article suggests, buying a home is the most expensive thing most people will have to negotiate. Could save clients millions if used by estate agents.