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Saturday, April 30, 2011

Book about flies goes for $23.7 million on Amazon

Once robots get a hold of something, common sense goes out the window. Here is a true example, for some reason every night the robots at two competing stores would raise the price of this book until it reached 23.7 million dollars! Steve.
Those silly algorithms: Book about flies goes for $23.7 million on Amazon | ZDNet: "Once a day profnath set their price to be 0.9983 times bordeebook’s price. The prices would remain close for several hours, until bordeebook “noticed” profnath’s change and elevated their price to 1.270589 times profnath’s higher price. The pattern continued perfectly for the next week."