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

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


Web Joho only

Comments (RSS).  RSS icon