I don’t see any great benefit to the consumer when it comes to autopay and refuse to enroll in any. Oh, you mean I get to save a stamp and all I have to do is give a company permission to take money out of my checking account every month and hope that they don’t screw up and overcharge me which may cause other bills to bounce? Yeah, I’ll pass. I kind of like being in complete control of small matters like, you know, MY CHECKING ACCOUNT.
I had completely forgotten that Brown was going to air another show last Friday “explaining” how this was done and after reading the Guardian’s blogging of the explanation show, I wish I hadn’t remembered.
So that was the explanation: some deep maths harnessing the power of the crowd. With an odd bit about how you could fix the lottery if you had a lot of kit and an inside man, tacked on the end.
Given the hype, I think Brown possibly had to do better than that. A mathematician might be able to correct us (if you’re out there, and you think this works, do please come and say), but the general feeling on this blog is that it doesn’t stand up. Boo!