Reply to post: Watch out for bugs

IBM introduces fleecing-you-as-a-service for retailers

Christoph

Watch out for bugs

There was a case where two sites were selling a rare book. One had an automated process to set the price slightly less than the rival's price. The rival had an automated process to set a price a bit higher than the first's price (probably with the idea that if they got an order they would buy it from the first and resell at the higher price).

Site 1 saw site 2's higher price and nudged their own up a bit. Site two saw site 1's higher price and nudged their own up to retain the margin. Site 1 saw this higher price ...

A few days later the book was priced at some insane value - many hundreds of pounds.

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