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“In June, Oren Etzioni, the brains behind airline price predictor Farecast, brought forth, a Web site that predicted the future prices of laptops, cameras and televisions.  With a Wait or Buy signal, it gave you the probability prices would change or that a new model was coming …

“The company, based in Seattle where Mr. Etzioni teaches computer science at the University of Washington, now predicts prices for 30 other electronics categories including camera lenses, computer games, tablets and e-readers, headphones and audio equipment.  The company makes billions of price observations from across the web and uses artificial intelligence to discern a pattern and predict a price.”

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