Fascinating. For some reason, I never imagined combining Markov chains with
Wikipedia. What an interesting idea. Wikipedia is becoming so much more
than an encyclopedia.

http://carlos.bueno.org/2012/02/bots-seized-control.html

Before I talk about my own troubles, let me tell you about another book,
“Computer Game Bot Turing Test”. It's one of over 100,000 “books” “written”
by a Markov chain running over random Wikipedia articles, bundled up and
sold online for a ridiculous price. The publisher, Betascript, is notorious
for this kind of thing.

It gets better. There are whole species of other bots that infest the
Amazon Marketplace, pretending to have used copies of books, fighting epic
price wars no one ever sees. So with “Turing Test” we have a delightful
futuristic absurdity: a computer program, pretending to be human, hawking a
book about computers pretending to be human, while other computer programs
pretend to have used copies of it. A book that was never actually written,
much less printed and read.

Last year I published my children's book about computer science, Lauren
Ipsum. I set a price of $14.95 for the paperback edition and sales have
been pretty good. Then last week I noticed a marketplace bot offering to
sell it for $55.63. “Silly bots”, I thought to myself.

Then another piled on, and then an overseas dropshipper, and then another
bot. Pretty soon they were offering my book below the retail price.

The punchline is that Amazon itself is a bot. Noticing all of this
activity, it decided to put the book on sale! 28% off. I can't wait to find
out what that does to my margin.

My reaction to this algorithmic whipsawing has settled down to a kind of
helpless bemusement. The plot of my book is about how understanding
computers is the first step to taking control of your life in the 21st
century. Now I don't know what to believe.

It's possible that the optimal price of Lauren Ipsum is, in fact, ten
dollars and seventy-six cents and I should just relax and trust the
tattooed hipster who wrote Amazon's pricing algorithm. After all, I have no
choice.

But I can't help but think about that old gambler's proverb: “If you can't
spot the sucker, it's you.”

-- 
Homer: Hey, what does this job pay?
Carl:  Nuthin'.
Homer: D'oh!
Carl:  Unless you're crooked.
Homer: Woo-hoo!
Sudhakar Chandra                                    Slacker Without Borders

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