Netflix Prize Competitor Already Beats Netflix

Baldrson writes "Within the first week of the announcement of The Netflix Prize a team has already beaten Netflix's own movie recommendation algorithm. This is pretty impressive given the previously quoted researcher who said: 'You're competing with 15 years of really smart people banging away at the problem.' The team is WXYZConsulting.com apparently registered by a data mining professor named Yi Zhang. Congratulations are in order for Netflix and Prof. Zhang's team who are demonstrating, yet again, the power of prizes to accelerate progress."

Comments

Assuming this isn't a hoax...

[UbuntuDupe]

I think this demonstrates how important "many eyeballs" are in problem solving. Intelligent people "who have been attacking the problem for 15 years" can still fail to see an "obvious" solution. I shudder at how many scientific fields probably have obvious solutions that aren't being found because only a small cadre of people have been exposed to the problem. I also shudder at people who artificially set up barriers to understanding their own fields, in order to protect their own egos. The attitude of "journal articles need to be cryptic or they must not be important" needs to go.