Blog: Meet Waldo — AI that makes you money

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👋 Welcome, it’s great to have you here.

At Waldo, we’re on a mission to help build useful artificial intelligence that’s totally passive, privacy-conscious, and works on your behalf to make you money.

But what does it mean to build useful artificial intelligence? What would it do? What would the experience be like?

Today, tech giants are hard at work building artificial intelligence products for consumers around the globe. They help people set timers, quickly convert cooking measurements, and send hands-free texts.

But the experience is not passive — you have to invoke these voice assistants to have them work on your behalf. We think we can do better. After all, shouldn’t artificial intelligence be smart enough to know what you need when you need it?

The goal at Waldo is to passively save people money.

No interaction. No voice activating. No app required on your phone.

We’re building the next generation of artificial intelligence. All you have to do is sign in once — Waldo takes care of the rest.

So how does Waldo save you money? Well, you know those terms & conditions people never bothered to read? We did.

Waldo unlocks the hidden savings behind everyday purchases by leveraging these policies. Waldo’s machine learning algorithms watch for price drops on products you’ve recently purchased, and if they go on sale, Waldo initiates a refund with the retailer — and you get your money back automatically.

Imagine you buy a TV online for $800, and a week later it goes on sale for $500. Waldo automatically detects the price drop and gets you a $300 refund while you sit back and relax.

The crazy dynamic world of shopping today is radically different than what it was just a few years ago. Retailers use a technique called dynamic pricing to algorithmically change their product pricing online. This is far from a seasonal sale, clearance event, or single day craze like Black Friday. Instead, dynamic pricing causes products to change price dozens of times every day. Here’s a fun example below of this in action:

This is why we’re building Waldo — to help make saving money on your everyday purchases effortless. We’re in the process of fine-tuning Waldo as we speak, but you can always join our beta waitlist below.

We’re excited to have you join us on this journey. Feel free to check in from time to time as we write about product updates, dynamic pricing, and our data science learnings.

If the above product seems interesting, well, this is day 1. We’re just getting started.

Source: Artificial Intelligence on Medium

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