May 2 2011

The Billion Dollar Book

Ted Striphas

About a week ago Michael Eisen, who teaches evolutionary biology at UC Berkeley, blogged about a shocking discovery one of his postdocs had made in early April. The discovery happened not in his lab, but of all places on Amazon.com.

While searching the site for a copy of Peter Lawrence’s book The Making of a Fly (1992), long out of print, the postdoc happened across two merchants selling secondhand editions for — get this — $1.7 million and $2.2 million respectively! A series of price escalations ensued as Eisen returned to the product page over following days and weeks until one seller’s copy topped out at $23 million.

But that’s not the worst of it. One of the comments Eisen received on his blog post pointed to a different secondhand book selling on Amazon for $900 million. It wasn’t an original edition of the Gutenberg Bible from 1463, nor was it a one-of-a-kind art book, either. What screed was worth almost $1 billion? Why, a paperback copy of actress Lana Turner’s autobiography, published in 1991, of course! (I suspect the price may change, so in the event that it does, here’s a screen shot showing the price on Saturday, April 30th.)

Good scientist that he is, Eisen hypothesized that something wasn’t right about the prices on the fly book. After all, they seemed to be adjusting themselves upward each time he returned to the site, and like two countries engaged in an arms race, they always seemed to do so in relationship to each other. Eisen crunched some numbers:

On the day we discovered the million dollar prices, the copy offered by bordeebook [one of the sellers] was1.270589 times the price of the copy offered by profnath [the other seller]. And now the bordeebook copy was 1.270589 times profnath again. So clearly at least one of the sellers was setting their price algorithmically in response to changes in the other’s price. I continued to watch carefully and the full pattern emerged. (emphasis added)

So the culprit behind the extraordinarily high prices wasn’t a couple of greedy (or totally out of touch) booksellers. It was, instead, the automated systems — the computer algorithms — working behind the scenes in response to perceived market dynamics.

I’ve spent the last couple of blog posts talking about algorithmic culture, and I believe what we’re seeing here — algorithmic pricing — may well be an extension of it.

It’s a bizarre development. It’s bizarre not because computers are involved in setting prices (though in this case they could have been doing a better job of it, clearly). It is bizarre because of the way in which algorithms are being used to disrupt and ultimately manipulate — albeit not always successfully — the informatics of markets.

Indeed, I’m becoming convinced that algorithms (at least as I’ve been talking about them) are a response to the decentralized forms of social interaction that grew up out of, and against, the centralized forms of culture, politics, and economics that were prevalent in the second and third quarters of 2oth century. Interestingly, the thinkers who conjured up the idea of decentralized societies often turned to markets — and more specifically, to the price system — in an attempt to understand how individuals distributed far and wide could effectively coordinate their affairs absent governmental and other types of intervention.

That makes me wonder: are the algorithms being used on Amazon and elsewhere an emergent form of “government,” broadly understood? And if so, what does a billion dollar book say about the prospects for good government in an algorithmic age?


Mar 15 2011

Algorithmic Culture, Redux

Ted Striphas

Back in June I blogged about “Algorithmic Culture,” or the sorting, classifying, and hierarchizing of people, places, objects, and ideas using computational processes. (Think Google search, Amazon’s product recommendations, who gets featured in your Facebook news feed, etc.) Well, for the past several months I’ve been developing an essay on the theme, and it’s finally done. I’ll be debuting it at Vanderbilt University’s “American Cultures in the Digital Age” conference on Friday, March 18th, which I’m keynoting along with Kelly Joyce (College of William & Mary), Cara Finnegan (University of Illinois), and Eszter Hargittai (Northwestern University). Needless to say, I’m thrilled to be joining such distinguished company at what promises to be, well, an event.

The piece I posted originally on algorithmic culture generated a surprising — and exciting — amount of response. In fact, nine months later, it’s still receiving pingbacks, I’m pretty sure as a result of its having found its way onto one or more college syllabuses. So between that and the good results I’m seeing in the essay, I’m seriously considering developing the material on algorithmic culture into my next book. Originally after Late Age I’d planned on focusing on contemporary religious publishing, but increasingly I feel as if that will have to wait.

Drop by the conference if you’re in or around the Nashville area on Friday, March 18th. I’m kicking things off starting at 9:30 a.m. And for those of you who can’t make it there, here’s the title slide from the PowerPoint presentation, along with a little taste of the talk’s conclusion:

This latter definition—culture as authoritative principle—is, I believe, the definition that’s chiefly operative in and around algorithmic culture. Today, however, it isn’t culture per se that is a “principle of authority” but increasingly the algorithms to which are delegated the task of driving out entropy, or in Matthew Arnold’s language, “anarchy.” You might even say that culture is fast becoming—in domains ranging from retail to rental, search to social networking, and well beyond—the positive remainder of specific information processing tasks, especially as they relate to the informatics of crowds. And in this sense algorithms have significantly taken on what, at least since Arnold, has been one of culture’s chief responsibilities, namely, the task of “reassembling the social,” as Bruno Latour puts it—here, though, by discovering statistical correlations that would appear to unite an otherwise disparate and dispersed crowd of people.

I expect to post a complete draft of the piece on “Algorithmic Culture” to my project site once I’ve tightened it up a bit. Hopefully it will generate even more comments, questions, and provocations than the blog post that inspired the work initially.

In the meantime, I’d welcome any feedback you may have about the short excerpt appearing above, or on the talk if you’re going to be in Nashville this week.


Apr 28 2010

Scholarly Journal Publishing

Ted Striphas

My latest essay, “Acknowledged Goods: Cultural Studies and the Politics of Academic Journal Publishing,” is now out in Communication and Critical/Cultural Studies 7(1) (March 2010), pp. 3-25. In my opinion, it’s probably the single most important journal essay I’ve published to date. Here’s the abstract:

This essay explores the changing context of academic journal publishing and cultural studies’ envelopment within it. It does so by exploring five major trends affecting scholarly communication today: alienation, proliferation, consolidation, pricing, and digitization. More specifically, it investigates how recent changes in the political economy of academic journal publishing have impinged on cultural studies’ capacity to transmit the knowledge it produces, thereby dampening the field’s political potential. It also reflects on how cultural studies’ alienation from the conditions of its production has resulted in the field’s growing involvement with interests that are at odds with its political proclivities.

Keywords: Cultural Studies; Journal Publishing; Copyright; Open Access; Scholarly Communication

I’m fortunate to have already had the published essay reviewed by Ben Myers and Desiree Rowe, who podcast over at The Critical Lede. You can listen to their thoughtful commentary on “Acknowledged Goods” by clicking here — and be sure to check out their other podcasts while you’re at it!

Since I’m on the topic of the politics of academic knowledge, I’d be remiss not to mention Siva Vaidhyanathan’s amazing piece from the 2009 NEA Almanac of Higher Education, which recently came to my attention courtesy of Michael Zimmer. It’s called “The Googlization of Universities.” I found Siva’s s discussion of bibliometrics — the measurement of bibliographic citations and journal impact — to be particularly intriguing. I wasn’t aware that Google’s PageRank system essentially took its cue from that particular corner of the mathematical universe. The piece also got me thinking more about the idea of “algorithmic culture,” which I’ve blogged about here from time to time and that I hope to expand upon in an essay.

Please shoot me an email if you’d like a copy of “Acknowledged Goods.” Of course, I’d be welcome any feedback you may have about the piece, either here or elsewhere.


Jun 29 2007

Consumerism, cultural politics, & the Supremes

Ted Striphas

…no…not Diana Ross and the Supremes. This post is about the Supreme Court of the United States, and what its recent decision in the case Leegin v. PSKS can tell us about the state of cultural politics today.

Now, I haven’t had sufficient time to review the case or the decision closely, but according to The New York Times: “The Supreme Court on Thursday [June 28th] abandoned a 96-year-old ban on manufacturers and retailers setting price floors for products. In a 5-4 decision, the court said that agreements on minimum prices are legal if they promote competition. The ruling means that accusations of minimum pricing pacts will be evaluated case by case.”

A few reactions:

  • First, I’d be curious to see on what economic grounds the Court was able to reason that price fixing can promote competition. That seems rather counter-intuitive to me.
  • Second, I’m intrigued that the law Leegin overturned, which passed in 1911, corresponded roughly with the “birth” of consumer capitalism in the United States. What might Thursday’s decision say about the extent to which consumerism (or a particular version of it, specific to the early 20th century) continues to drive capitalism today?
  • Finally, and relatedly, I’m inclined to locate the Leegin decision within a broader context of changes that have been occurring over the last twenty to thirty years, in which the interests of consumers have gradually given way to those of business. Here I’m thinking of: recent revisions to bankruptcy law that have created conditions less favorable to ordinary folk who want to declare bankruptcy (and hence conditions more favorable for creditors); the growth of digital rights management technologies, which regulate what users can and cannot do with the digital items they’ve purchased; efforts to implement tort reform, which would make it more difficult for ordinary people to sue businesses; and more.
  • Back in September, I posted my thoughts on the film, V for Vendetta. I speculated there on how the movie and its reception might suggest not the end of cultural politics per se. They may, however, register something like a shift away from the prominence cultural politics enjoyed in the decades both immediately preceding and following the Second World War. Leegin v. PSKS, like V for Vendetta, only underscores that point. Our relationship to consumerism and culture are becoming more and more tenuous–juridically, economically, and technologically. Thus, it’s becoming increasingly difficult for people like you and me to marshal the kinds of resources that have long made cultural politics possible. It also suggests that, in order to effect meaningful change these days, we might well need to direct more of our political energy beyond the realm of culture.