5 hrs ago

McDonald’s AI Pricing Engine Could Change Big Mac Costs

McDonald’s AI Pricing Engine Could Change Big Mac Costs
Dynamic Pricing Is Watching You: Why Your Next Big Mac Could Cost More · timesnownews.com

McDonald’s is using a computer system to help suggest prices for its food.

The system uses artificial intelligence.

It studies millions of past purchases.

It looks at data from nearly 14,000 restaurants.

It tries to estimate how much customers might be willing to pay.

It also checks what nearby competitors charge.

This means the price of a Big Mac may depend on more than food and restaurant costs.

Reuters reported on the system in an investigation published this week.

Key facts

Company
McDonald’s
Technology
AI-powered pricing engine
Data analyzed
Millions of transactions
Locations covered
Nearly 14,000 restaurants
Pricing factors
Estimated customer willingness to pay and local competition
Source
Reuters investigation

Sources

Related news