How Do Airlines Price Tickets? • Discoverology

How Do Airlines Price Tickets?

Economics, Explainers, Videos

To the average buyer, airline ticket prices appear to fluctuate without reason. But behind the process is actually the science of dynamic pricing, which has less to do with cost and more to do with artificial intelligence.

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For nearly 40 years, Geoff Hinton has been trying to get computers to learn like people do, a quest almost everyone thought was crazy or at least hopeless – right up until the moment it revolutionized the field. In this video, Bloomberg Businessweek’s Ashlee Vance meets the Godfather of AI.

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A California-based experiment in universal basic income considers the mundane, and potentially transformative, power of a little extra cash. It’s not a new idea, dating as far back as Tudor England. Thinkers ranging from Martin Luther King Jr. to Milton Friedman have backed it.

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With an increasing focus on sustainable design practices, the smart use of natural daylight in our homes is no longer a luxury — it has become a necessity. At the heart of any good daylighting strategy is a concept of “borrowed” light: the capture of light falling on the exterior of a home and transporting it to the spaces where it’s needed.

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Design, Innovation, Tech, Videos

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The Complexities Of A Universal Basic Income

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Economics, Politics

“Universal basic income” was for a long time an obscure term bandied about in economics circles. That’s no longer the case. The idea, usually involving a monthly cash grant to every person with no strings attached, has entered mainstream discourse. Small programs hint at how it might work — or not — on a national scale.

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Business, Economics, Food

Farmers across the country are in a state of emergency with dairy and grain producers, new farmers, and farmers of color being hit the hardest. The term farm crisis is synonymous with the 1980s, when the bottom dropped out of the agricultural economy, sending thousands of farms into foreclosure and shuttering businesses.

Dracula Bosses Erect Billboard That Comes To Life At Night

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Videos

Back in the 1990’s a man started a project from a dream he had to build not only the largest ship ever conceived, but to combine a family cruise line, airport and residential community all in one. His dream carried on through decades after and now seemingly stalled, a new CEO is taken the helm.

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Explainers, Life

No matter how old you are or what type of role you have in life, there are times you’re a follower, and there are times you’re a leader. I don’t care whether you’re in high school or leading a firm with 500 people, some situations require leadership.

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Just after midday on May 26th 1971, Australian authorities received a call from a mysterious Mr. Brown claiming that a Qantas flight from Sydney to Hong Kong was carrying a bomb. He then claimed that he would disclose the location of the onboard bomb in return for a hefty sum.

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Although pink Himalayan salt is perfectly functional for its intended culinary purpose—making food salty—it’s never before been particularly prized or venerated for its quality. That makes its meteoric rise from food-world also-ran to modern lifestyle totem all the more unlikely.

How Governments Shut Down The Internet

How Governments Shut Down The Internet

Politics, Tech, Videos

Governments around the world are shutting down the internet, saying it’s needed to prevent protests or cheating on exams. But critics say blocking expression and access to information violates human rights. Here’s how internet shutdowns work.

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