, Inc. (NASDAQ:AMZN) Increases The Prices Of Mechanical Turk


Dallas, Texas 06/24/2015 (Financialstrend) – University Researchers were dealt a major blow after, Inc. (NASDAQ:AMZN) initiated new fees for its online labor service, Mechanical Turk. The e-commerce giant has now doubled the fee it collects from requester who usually seek laborers to perform various tasks online.

Mechanical Turk has been around for about ten years having grown in popularity as the go-to place for crowd sourcing or for divvying tasks into smaller pieces for distribution.

Mechanical Turk New Rates

As part of the new changes,, Inc. (NASDAQ:AMZN) is to charge a 20% commission up from 10% it used to charge for each task. Requesters in need of more than ten people will have to pay an additional 20% commission to use the service. The increment was the subject of an uproar on social media as people took to Twitter with the hashtag ‘maturate’ to complain about the increments

Some of the jobs on the platform include finding images of real estate agents, paying as much as $0.04 per picture or $0.02 for copying text from a business card. Princeton University notes that Mechanical Turk provides a relatively cost effective way of engaging with a set of respondents over a short period of time.

Impact of the Increment

Academic researchers will be the most affected as most of them have in the recent years resorted to Mechanical Turk for completing their studies. Researchers may have to pat ways with more cash to get their assignments done or pay people carrying surveys for them less to stay within their current budgets., Inc. (NASDAQ:AMZN) in a statement affirmed that the new changes will allow it to continue growing Mechanical Turk marketplace while innovating on behalf of users. Amazon could be dealt a major blow with people shifting to other services as most of them have already started calling for the introduction of academic tier or pricing.

Subscribe to get your free report!

* indicates required
*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.