One of the key innovations made by Uber has been to introduce Dynamic Pricing into the personal transportation market, allowing prices to adjust to marketplace conditions in real time.
In this talk I will outline the principles underlying the Uber Dynamic Pricing system and discuss how Uber uses real time pricing to ensure Marketplace Health.
Christopher Watkins is a machine learning specialist at the Commonwealth Scientific and Industrial Research Orgainsation (CSIRO). He as been a technical assistant at the Creative Destruction Lab Quantum Machine Learning incubator program, a lecturer in parallel computing at Monash University, and a researcher at the inaugural Frontier Development Lab. Currently, he is working toward his PhD in computational quantum physics at Monash University.