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

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!