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How generative AI enhances pricing model explainability

17th EPP Global Pricing Forum - November 2023 - Brussels, Belgium

  • Utilizing generative AI in pricing models enhances explainability by providing real-time predictions and identifying the specific variables used to determine prices
  • The prototype of a supervised explainable agent that will be showcased at the conference will demonstrate how complex algorithms can be transformed into sales insights
  • The application of generative AI enables the presentation of pricing model explanations in an easily interpretable form, such as text, providing clear information on the factors influencing prices for sales forces 

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