4.6 • 716 Ratings
🗓️ 4 December 2018
⏱️ 6 minutes
🧾️ Download transcript
Today is Tuesday, December 4, and we’re looking at Hopper vs. Expedia.
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0:49.3 | One, three. From Wondry, I'm David Brown, and this is Business Wars Daily on this Tuesday, December 4th. |
1:09.0 | If you were worn out by Cyber Monday, you may not have noticed |
1:12.7 | what happened the next day. A new so-called holiday, Travel Tuesday. It was a budget traveler's |
1:19.2 | dream day for scooping up bargain-priced flights. The day was heavily promoted by Travel App Company |
1:25.2 | Hopper, a Montreal-based startup that employs artificial intelligence |
1:29.5 | to predict the cheapest times in places to travel and the least expensive time to buy the tickets. |
1:36.9 | Hopper was founded by former Expedia travel exec, Frederick Lalonde, a self-taught Canadian programmer. |
1:43.6 | Years ago, Lalonde thought, what if artificial intelligence could help us predict not just the best times to fly, but when to book those flights? |
1:51.7 | His former employer, Expedia, provides a spreadsheet's worth of flight times and costs with no predictions. |
1:59.2 | The implication is you should book now because ticket prices |
2:02.5 | always rise. That's actually not true, and algorithms that Hopper figured out enable the app to tell |
... |
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