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Grinch Bots

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I listened to this on NPR on my way home for work: https://www.npr.org/2017/12/05/568624246/grinch-bots-attempt-to-steal-christmas-by-driving-up-toy-prices

This troubles me because a reseller might use a specific algorithm to track a product, but that does not mean that a bot will purchase thousands of that product once launched, leading to price/ product manipulation. There seems to be a pretty big disconnect between perception and reality.  Nowhere in the article does it mention that most retailers put reasonable limits on online orders or that banning people, or I guess bots, occurs. 

Anyone got any Hamilton tickets?

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This is stupid. Most resellers don't even use bots. We just know where to go and sometimes get lucky. The article is just a knee-jerk reaction to capitalism at its best . 

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I remember the days when Tickle Me Elmo didn't need bots to purchase all available inventory before they became "Pony up the cash Elmo".

 

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They had a report on this last night on NBC. I had to laugh really hard. They were claiming prices for the SNES Classic on ebay was $18,000 USD. Its like they didn't even care that it was probably the highest listing; no-one is buying that listing and it was merely used for the shock value.

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5 minutes ago, CosmicSpeed said:

They had a report on this last night on NBC. I had to laugh really hard. They were claiming prices for the SNES Classic on ebay was $18,000 USD. Its like they didn't even care that it was probably the highest listing; no-one is buying that listing and it was merely used for the shock value.

The reporting on that was almost entirely inaccurate.  I'd be ashamed if I was that program director.

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