Build a Better Netflix, Win a Million Dollars?
An anonymous reader writes "In a quest to better movie recommendations, Netflix is opening their database (nytimes, registration and first child required) to users to try to craft a better recommendation technology. The problem is not easy. Says one researcher: 'You're competing with 15 years of really smart people banging away at the problem.'" Recommender systems are really an interesting problem, and that is likely very interesting data to play with.
According to the article, if no one wins within a year, Netflix will award $50,000 to whoever makes the most progress above a 1 percent improvement, every year, until someone wins the grand prize.
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