Via Marginalrevolution.com, yet another lesson in arbitrage:
What high tech wonder-tools does RMG use to defeat Ticketmaster’s captchas, the annoying jumble of characters used to prove your humanity? Is it Optical Character Recognition? Something even more futuristic, maybe web 3.0-ish? Nah. Cipriano Garibay, president of RMG Technologies, boasts: “We pay guys in India $2 an hour to type the answers.”
And lifted from the comments at MR:
“We pay guys in India $2 an hour to type the answers”
Smart, but spammers have had another better solution: They hosted their own pornographic site and needed users to solve a captcha to view their pics.
Guess where this captchas came from?
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December 26, 2007 at 12:19 am
Jyoti
Hmmm…. and the Economist World in 2008 is selling for 330 taka in Bangladesh and A$25 in Australia. With exrate of A$1=60+taka, arbitrage opportunity is enormous.
December 26, 2007 at 8:04 am
shamshir
Ahh, Jyoti bhai - I doubt that it will be worth it for you to try to buy the Economist World’s from Dhaka and sell them in Australia. I don’t think it’s an arbitrage opportunity at all…