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šŸ’ø ā€œThe Rich Feeā€ — Uber Eats’ spy pricing. Nvidia’s Coachella for Chips. The Spa/Pilates Economy. +Don’t Invest in Duke

22 min episode Ā· 2 min read

Episode

22 min

Read time

2 min

Topics

Health & Wellness, Investing, Sales & Revenue

AI-Generated Summary

Key Takeaways

  • āœ“AI Spy Pricing: Uber Eats charged five New York customers different prices for the same order simultaneously. The app's fine print admits prices are set using personalized data — contradicting official denials. Only New York law requires this disclosure, meaning the practice likely operates undetected elsewhere. Consumers should assume apps linked to premium credit cards like Amex Platinum may trigger higher prices.
  • āœ“Chip Performance Compounding: Nvidia's Blackwell chip delivers 68x more performance per watt than its predecessor Hopper. Its 2025 successor, Rubin, adds another 13x leap — meaning Rubin achieves roughly 900x Hopper's computing performance in just two years. Jensen Huang projects computing demand has grown one million times in two years, and expects Nvidia revenue to reach $1 trillion within two years.
  • āœ“March Madness Bracket Strategy: Apply value-investing logic to bracket picks by finding teams where win probability exceeds public pick percentage. Duke carries a 20% win probability but appears in 30% of Yahoo brackets — making it the most overvalued team. Michigan has a 19% win probability but only 15% of picks, representing better expected value similar to buying undervalued stocks.
  • āœ“Retail Services Milestone: For the first time in U.S. history, service businesses — spas, gyms, fitness studios, and med spas — lease more than 50% of all retail square footage. Med spa locations have grown 6x since 2010, reaching 10,000 U.S. locations, approaching McDonald's count of 13,000. Service tenants pay premium rents, making them preferred by landlords over traditional goods retailers.
  • āœ“Enshittification Economics: Personalized algorithmic pricing — where AI sets individual prices based on scraped personal data — differs fundamentally from dynamic pricing, which responds to supply and demand anonymously. When consumers perceive pricing as unfair, the result is boycotts, increased personal data protection behavior, and reduced consumer spending confidence, which economists warn could measurably contract overall GDP.

What It Covers

Three business stories from March 18, 2025: Uber Eats caught using AI-driven personalized pricing that charges different customers different amounts for identical orders; Nvidia's annual GTC conference reveals 900x chip performance growth over two years; and U.S. retail crosses a historic threshold with service businesses now occupying over 50% of all retail square footage.

Key Questions Answered

  • •AI Spy Pricing: Uber Eats charged five New York customers different prices for the same order simultaneously. The app's fine print admits prices are set using personalized data — contradicting official denials. Only New York law requires this disclosure, meaning the practice likely operates undetected elsewhere. Consumers should assume apps linked to premium credit cards like Amex Platinum may trigger higher prices.
  • •Chip Performance Compounding: Nvidia's Blackwell chip delivers 68x more performance per watt than its predecessor Hopper. Its 2025 successor, Rubin, adds another 13x leap — meaning Rubin achieves roughly 900x Hopper's computing performance in just two years. Jensen Huang projects computing demand has grown one million times in two years, and expects Nvidia revenue to reach $1 trillion within two years.
  • •March Madness Bracket Strategy: Apply value-investing logic to bracket picks by finding teams where win probability exceeds public pick percentage. Duke carries a 20% win probability but appears in 30% of Yahoo brackets — making it the most overvalued team. Michigan has a 19% win probability but only 15% of picks, representing better expected value similar to buying undervalued stocks.
  • •Retail Services Milestone: For the first time in U.S. history, service businesses — spas, gyms, fitness studios, and med spas — lease more than 50% of all retail square footage. Med spa locations have grown 6x since 2010, reaching 10,000 U.S. locations, approaching McDonald's count of 13,000. Service tenants pay premium rents, making them preferred by landlords over traditional goods retailers.
  • •Enshittification Economics: Personalized algorithmic pricing — where AI sets individual prices based on scraped personal data — differs fundamentally from dynamic pricing, which responds to supply and demand anonymously. When consumers perceive pricing as unfair, the result is boycotts, increased personal data protection behavior, and reduced consumer spending confidence, which economists warn could measurably contract overall GDP.

Notable Moment

Nvidia's profit for the current fiscal year is projected to exceed the combined total revenue of its two largest chip rivals. The company published 20 press releases in a single 24-hour period, announcing partnerships spanning IBM, Disney, Uber, Lyft, Nissan, Hyundai, and BYD simultaneously.

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Episode Transcript

This is Nick. This is Jack. It's Wednesday, so don't you. Wednesday, March 18. And today's part is the best one yet. This is a tea boy. The top three pop business news stories you need to know today. No. Why are you still on hold with Verizon over there, Jack? So I called Verizon and I said, hey, AT and T is offering me a free iPhone 17. I'm planning to leave for them because that's a sweet deal. I say, can you match it? Because I've been a customer for eight years. And? Not only do they match it, they offer me an iPhone Pro Max. Then they gave me another iPhone for my wife. Then they gave me $10 off a month for both of our lines. They're like, I have terrific news. Yes, Jack? Another $10 off for both of your lines. And that is why Verizon stock is down today, best news. Jack, three fantastic stories for today's t boy though. What do we got on the pod? For our first story, five New Yorkers placed the same Uber Eats order at the same time from the same place, but they all got different prices. Does Uber Eats charge you more if you use an Amex Platinum card? Say hello to personalized pricing. For our second story, NVIDIA is hosting its epic annual tech event right now. It's Coachella for computer chips. So to give you a sense of how big this event has become, NVIDIA issued 20 press releases in twenty four hours. That's gotta be a record. And our third and final story. For the first time in the history of America, we have more stores selling services than stores selling stuff. Besties, it's the Botox boxing economy. Spas, gyms, and salons now outnumber boxing economy. Spas, gyms, and salons now outnumber everything else. But Yetis, before you hit that wonderful mix and thank Verizon once again. I mean, coolest place in capital is in the best business mix in the biz. What do we got, Jack? Last year, we warned you not to pick Duke in your March Madness bracket. And, Jack, who won March Madness last year exactly? Not Duke. Yeah. We were shooting a 100% on that one. Because Nick and I pick our basketball brackets based on our Wall Street experience. Yeah. We go full banker mode on this one. We choose teams like a value investor. You need to go full Warren Buffett on your bracket. Or portfolio manager mode on that March Madness. Basically, what we're saying is buy low, sell high. Like buy Saint John, sell Duke? And we'll explain why. According to the Wall Street Journal, 30% of brackets on Yahoo so far this year have picked Duke to win it all. But Duke has just a 20% chance of winning according to prediction markets. That means the Duke Blue Devils are the most overvalued team in the tournament, just like they were last year. …

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Books, tools, and gear mentioned in this episode

SignalCast may earn commission on purchases via these links. As an Amazon Associate, SignalCast earns from qualifying purchases.

Tools

  • by American Express

    ā€œConsumers should assume apps linked to premium credit cards like Amex Platinum may trigger higher prices.ā€
  • by Uber

    ā€œUber Eats caught using AI-driven personalized pricing that charges different customers different amounts for identical orders.ā€

Gear

  • by Nvidia

    ā€œNvidia's Blackwell chip delivers 68x more performance per watt than its predecessor Hopper.ā€
  • by Nvidia

    ā€œIts 2025 successor, Rubin, adds another 13x leap — meaning Rubin achieves roughly 900x Hopper's computing performance in just two years.ā€
  • by Nvidia

    ā€œNvidia's Blackwell chip delivers 68x more performance per watt than its predecessor Hopper.ā€

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