Joho the BlogHow the robots bid a book up to $23,000,000 at Amazon - Joho the Blog

How the robots bid a book up to $23,000,000 at Amazon

Michael Eisen has a terrific post in which he does the detective work to figure out how dueling algorithms from two competing bookstores drove the price of a book about flies up to $23,698,655.93.

I’m sorry that some human noticed and backed the prices down. I would have liked to have seen a financial bubble form as the price went into the trillions.

One Response to “How the robots bid a book up to $23,000,000 at Amazon”

  1. Very interesting. The shipping fee, of course, killed the deal for many, I am sure.

Leave a Reply

You must be logged in to post a comment.

Web Joho only

Comments (RSS).  RSS icon

Creative Commons License
Joho the Blog by David Weinberger is licensed under a Creative Commons Attribution-Noncommercial-Share Alike 3.0 United States License.

Creative Commons license: Share it freely, but attribute it to me, and don't use it commercially without my permission.

Joho the Blog gratefully uses WordPress blogging software.
Thank you, WordPress!

19 28 38 81 83 85