Aroxo Intelligent Agents Negotiate For You
Aroxo provides intelligent software "agents" to help you negotiate a better price when buying goods and services on the Internet. The company's software agents act as an intermediary between buyers and sellers.
Buyers and sellers are asked questions about the transactions they desire; how much they are willing to pay, under what circumstances would they would accept less, and so on.
Rather than the fixed price model (which Aroxo points out is a relatively recent development in history), the site negotiates a different deal with every sale, matching buyers and sellers according to their stated criteria.
The agents use a series of simple rules - known as heuristics - to find the optimal price for both buyer and seller based on information provided by both parties.
"Computer agents don't get bored, they have a lot of time, and they don't get embarrassed," Professor Nick Jennings, one of the researchers behind the work, told BBC News.
"I have always thought that in an internet environment, negotiation is the way to go."
As far as I know, the first "shopping bots" were created in the late 1990's. SF writers, however, introduced the idea of a computer-mediated negotiation much earlier. In his 1965 novel The Age of the Pussyfoot, Frederik Pohl wrote about a computer system that knew you well enough to both find the job that was best for you AND negotiate the best wage you could get.
From BBC News; see also the Aroxo website.
Scroll down for more stories in the same category. (Story submitted 8/7/2009)
Follow this kind of news @Technovelgy.
| Email | RSS | Blog It | Stumble | del.icio.us | Digg | Reddit |
you like to contribute a story tip?
Get the URL of the story, and the related sf author, and add
Comment/Join discussion ( 2 )
Related News Stories -
Evorus Your Crowd-Powered Conversational Assistant
'...the DS [Daily Schedule] was suddenly transformed into a valued confidante.'
Alibaba's AI May Read Better Than You
'Mike ... could accept other languages and was doing technical translating - and reading endlessly.' - Robert Heinlein, 1966.
Orwell's Memory Hole Looms Larger Thanks To Nvidia
'All history was a palimpsest, scraped clean and reinscribed exactly as often as was necessary.' - George Orwell, 1948.
SciFiQ Science Fiction Writing Aid
'Books were just a commodity that had to be produced, like jam or bootlaces.' - George Orwell, 1948.
Technovelgy (that's tech-novel-gee!)
is devoted to the creative science inventions and ideas of sf authors. Look for
the Invention Category that interests
you, the Glossary, the Invention
Timeline, or see what's New.
Dune Fans! Metal-Organic Frameworks Make Science Fiction Real
'Dew collectors,' he muttered, enchanted by the simple beauty of such a scheme.
Manned Maneuvering Unit From 1984
'The glittering little rocket bolted to the black iron behind him.'
Astronaut Gets Younger In Space
'So what we're looking for now is not an antibiotic - an anti-life drug - but an anti-agathic, an anti-death drug...'
Blockchain Used To Verify Election Results
'Any adult could punch into the phone his or her code, followed by a yes or no.'
IJOP Integrated Joint Operations Platform China's Minority Report?
'All day long the idiots babbled, imprisoned in their special high-backed chairs...'
HushMe Bluetooth Device Reinvents The Hush-A-Phone
'Talking into a hush-a-phone which he had plugged into the telephone jack...'
Ultrathin Brain Needle Developed At MIT
Putting drugs into a selected cubic millimeter within the living brain.
Tesla Semi Truck Now At Work
Why wait? Tesla Semi now hard at work.
Illustris: The Next Generation Of Universe Simulation
'This digital device was ... A machine able literally to contain the Universe Itself...'
Scaly Yet Soft Robotic Snake
Love those robotic sneks.
Cool Tinsley Lunar Unicycle Update
Great update of a timeless classic.
NASA's 'Armstrong' Soft Wearable Upper Extremity Garment
'Exact same articulation as your shoulder joint, and it holds your muscles out of the way...'
Kuri Robot Roams Your Home, Taking Pictures
'Small devices with cameras and sound equipment which could move freely...'
Tiny Rubbery Robot To Take 'Fantastic Voyage'
I think that I will wait for other volunteers for this one.
Svalbard Seed Vault (aka Doomsday Vault) Gets Upgrades
'But they existed in the Life Bank, as did virtually every plant and animal that existed on Old Earth.'
Disney Vyloo Robots With Personality
'Let's build robots with Genuine People Personalities...'
More SF in the News Stories
More Beyond Technovelgy science news stories