How to Use Generative AI for Pricing
介绍了生成式AI如何通过自然语言提示替代传统定价算法,降低零售定价成本,同时讨论了其在一致性、可解释性和偏见方面的挑战,并提供了实施示例。
Generative AI is transforming retail pricing decisions by providing an accessible and low-cost alternative to traditional pricing algorithms. Unlike traditional approaches, LLM-based pricing relies on natural language prompts, not custom code and historical data. However, LLM-based pricing introduces challenges around consistency, explainability, and potential biases. Implementation examples demonstrate how to prompt LLMs and use their recommendations to optimize product and service pricing.