The end of the fixed price?

Real talk: that sticker price you see on a shelf might be headed for the history books. Since the 1860s, we’ve relied on fixed prices—what you see is what you pay. But experts are warning that AI is about to flip the script, potentially letting companies charge you a price based on who you are rather than what the item is actually worth. It’s giving "surveillance pricing," and it could make budgeting a nightmare.

How it works

Think of it as dynamic pricing on steroids. While apps like Uber already fluctuate prices based on demand, AI is taking it to the next level. By crunching massive amounts of data—like where you live, your income, or your browsing history—companies might soon be able to calculate exactly how much you are personally willing to pay for an item. The result? A form of digital haggling where prices change constantly based on factors that are totally invisible to you.

The Instacart and Walmart controversy

Groundwork Collaborative and Consumer Reports previously investigated Instacart, finding that some shoppers were charged up to 23% more for identical grocery items during an AI-driven trial. That, my friends, adds up to about $1,200 a year for a family of four. Instacart disputes these claims, calling the math "atypical," and they’ve since stated they stopped using AI to charge different prices for identical items.

Meanwhile, Groundwork Collaborative claims that Walmart has filed patents for technology that could create comprehensive shopper profiles to set individualized prices. The group suggests that if you’re buying tuna, the system could automatically adjust the price of the mayo in your cart. Walmart has pushed back hard, with executive vice president Dan Bartlett stating in a letter that the company does not use personal data or shopping history to set individualized prices.

Why it matters

Retailers are unlikely to admit they’re doing this because the backlash would be massive, but experts like Boston University’s Jay Zagorsky believe the infrastructure is already here. If this becomes the new normal, say less to price transparency—it’s lowkey going to be a wild time for your wallet. Whether you're buying tech or groceries, the era of the "one price for all" is looking like a major L for the average shopper.