How a Chinese cab service uses AI to purge the surge

Comments Written by Leela Prasad | Beijing/new Delhi | Published:May 1, 2016 6:27 pm The company aims to predict demand in a locality based on past trends such as office hours and deploy drivers to that area to meet the rush. The second phase of Delhi’s odd-even rule ended Saturday, but restrictions on “surge pricing” used by cab aggregators Ola and Uber to meet demand and supply is not expected to end till the state government issues sector-specific guidelines. During the 15-day period of the road rationing scheme, the Delhi government forced Ola and Uber to suspend surge-pricing after its users complained of fares as high as five times the normal fare during peak hours. Ola and Uber maintained that it is necessary for them to increase the fares to…

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