How the robots bid a book up to $23,000,000 at Amazon
Posted on:: April 23rd, 2011
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.