Three ways to get more value from your pricing process with generative AI
Published on February 5, 2023
Simon-Kucher: Do you think AI models will soon replace pricing managers in large organizations?
ChatGPT: AI models can assist large organizations by automating tasks and providing data-driven insights for decision-making. But they’re unlikely to completely replace pricing managers anytime soon.
This interaction between our consultants and ChatGPT – Open AI’s cutting-edge large language model interface – illustrates the effect generative AI is having on pricing. It has a major role to play, but for now, human experts are still needed to wield this powerful new tool.
The quantitative nature of pricing makes it an obvious first area of application for new…
