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@contradevian

High Frequency Trading Comes To Booking Dinner

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http://qz.com/108471/bots-are-battling-for-restaurant-reservations-in-san-francisco/

Online reservations are supposed to make snagging a table a breeze, but when it comes to in-demand restaurants, the process is going the way of stock trading and concerts on Ticketmaster: Pretty soon you’re going to get beaten by bots, big time.

Diogo Mónica, a security engineer at payment start-up Square, was trying to find a seat at the popular San Francisco eatery State Bird Provisions on the restaurant reservation site Urbanspoon. Tables can be booked up to 60 days in advance, with new time slots opening up every day at 4:00 a.m. By 4:01, they were gone. “It quickly became obvious,” he wrote on his blog, “that these were reservation bots at work.”

What next will `benefit` from this stunning use of technology?

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What next will `benefit` from this stunning use of technology?

Seller-side bots I presume which will increase the price in response to bursts of demand (i.e. like they have on air ticket booking systems).

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  • 242 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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