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Netflix Prize May Have Been Achieved

Posted by Soulskill on from the universal-exclusion-of-pauly-shore-did-the-trick dept.

MadAnalyst writes "The long-running $1,000,000 competition to improve on the Netflix Cinematch recommendation system by 10% (in terms of the RMSE) may have finally been won. Recent results show a 10.05% improvement from the team called BellKor's Pragmatic Chaos, a merger between some of the teams who were getting close to the contest's goal. We've discussed this competition in the past."

3 of 83 comments (clear)

  1. most of them did it by circletimessquare · · Score: 4, Insightful

    for simple intellectual satisfaction, like a giant puzzle or a game of chess

    money is not the motivation for everything in this world

    --
    intellectual property law is philosophically incoherent. it is your moral duty to ignore it or sabotage it
  2. Re:1 Million split 7 ways by quanticle · · Score: 5, Insightful

    Well, just like the Ansari X Prize didn't cover the costs of developing and launching a suborbital rocket, the Netflix Prize isn't really meant to be a large enough prize to fully fund the development of a new recommendation algorithm. The purpose of the prize is to stimulate interest and get people started. The real reward will come when they turn their algorithm into commercialized software - the rewards from making such a thing applicable outside of Netflix could be large indeed.

    --
    We all know what to do, but we don't know how to get re-elected once we have done it
  3. Re:1 Million split 7 ways by neokushan · · Score: 5, Insightful

    Pretty sure having it on their CV means they can effectively write their own pay cheque in terms of job opportunities.

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    +1 IDisagreeSoHeMustBeATrollOrAnAstroturferOrAShill