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by dgivney 2532 days ago
A somewhat interesting article which strongly turns into a puff piece of MT. I started scrolling to the bottom to find out who was paying for this content and there it was "In his book, Side Hustle From Home: How To Make Money Online With Amazon Mechanical Turk"..

I wonder just how does he manage a new baby, a side hustle that fills every minute with productive money-making and writing a book!.. The author really should be writing a book about his exceptional time management skills instead.

2 comments

This seems like an almost constant feature of ways to make money online - the people who are making the money are almost uniformly making money by selling tutorials on how to make money online.

Want to make money online playing poker? Pay $800 for Upswing Poker's masterclass!

Want to make money online trading stocks? Check out the ultimate Penny Stock Playbook for only $50!

Want to make money online drop shipping? For only $1600 you can buy the ProfitableOnlineStore course and have all your questions answered!

So it makes you wonder doesn't it: If people are so good at making millions making money online, why are they offering to sell you the secret rather than actually making the millions themselves. The answer is: It's easier to sell gullible people tutorials than it is to actually make a living exploiting arbitrage opportunities in one of the most efficient markets ever known to man.

Bingo.

"Yo dawg, I heard you're thinking of a new way to make money...so I wrote a book about thinking of a new way to make money so you can think about a new way to make money while I make money from you thinking about my new way to think about making money."

Yeah I noticed as well. It seems like what this is really saying is that the Mechanical Turk marketplace is an interesting study in economics. Buyers are offering to buy pieces of information for too high of a price and a select few people have found out how to nab those contracts.

I halfway expected to see a secondary market emerge where you “complete” a top expensive task like “translate this text” by bundling it with five other translation tasks and posting it for three times the price.