Thursday, September 3, 2015

All You Can Pay by Anna Bernasek and D.T. Mongan

Posted by Rebecca Brendel

Reviewed by: Laurie Boone

What I ReadAll You Can Pay: How companies use our data to empty our wallets by Anna Bernasek and D. T. Mongan

Find It @YCLD: Here!

What It's About: The authors show how companies use the data they collect from us to determine how much you are willing to pay for everything you buy. Companies use this “customized marketing” to rapidly change prices and tailor complex “special offers” to individual consumers. The book details how consumers are led to believe they are finding the best deals by shopping online, but in reality fair bargaining is over.

What I Thought: Anyone who thinks they’ve bought the cheapest airline ticket or prided themselves on negotiating a great deal with a cable company or car dealership should read this book. It is quick to read but it will leave you feeling aggravated. You will feel like the sucker you are because Big Data and Big Business know the maximum you are willing to spend on anything. After reading this book I cringe every time I “agree” to those densely-written terms and conditions covering personal data and privacy. The authors include suggestions for what you can do, and the writing is accessible and includes source citations and an index.

Readalikes: Data and Goliath : the hidden battles to collect your data and control your world by Bruce Schneier.

Or look this book up oNoveList!