Knowledge arbitrage

In finance, arbitrage is where you know of a price difference between two markets, and exploit this by selling in the higher-price market and/or buying in the lower-price market.

In knowledge work, arbitrage is where you know of an information difference between two pools of knowledge / aggregators, and exploit this by bringing the knowledge/information from one pool to another.

Examples of pools:

Hacker News
/r/programming

What can computers do? What are the limits of mathematics? And just how busy can a busy beaver be? This year, I’m writing Busy Beavers, a unique interactive book on computability theory. You and I will take a practical and modern approach to answering these questions — or at least learning why some questions are unanswerable!

It’s only $19, and you can get 50% off if you find the discount code ... Not quite. Hackers use the console!

After months of secret toil, I and Andrew Carr released Everyday Data Science, a unique interactive online course! You’ll make the perfect glass of lemonade using Thompson sampling. You’ll lose weight with differential equations. And you might just qualify for the Olympics with a bit of statistics!

It’s $29, but you can get 50% off if you find the discount code ... Not quite. Hackers use the console!

More by Jim

Tagged . All content copyright James Fisher 2019. This post is not associated with my employer. Found an error? Edit this page.