Is this anything more than a scary way to describe a pricing algorithm?

Honest question - are you trying to downplay the absolute horror of our technofeudalistic society, where nurses(!!!) are paid in a gig economy betting on their hours, where (if you read the report) the hospitals are free to cancel their shifts with no or little penalty even during the shift, while nurses are heavily penalized on every side, and things like having a lot of debt means you will be offered less money for your shifts because the app determines you are desperate?

Yes sure, technically that's no different than Uber hiking up your price at 3am because really, what other choices do you have.

But I do hope you spend a minute to wonder what is it doing to our society as a whole, and how the relentless pursuit of profit means we treat people whose job is literally to look after others like disposable trash that can be priced the same way a taxi ride is.

Sure, it's "just a scary way to describe it" - and I hope it's really scary.