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Netflix Prize May Have Been Achieved

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."

11 of 83 comments (clear)

  1. 1 Million split 7 ways by basementman · · Score: 4, Funny

    Let's see, $1,000,000 split 7 ways gives us $142,857.14 each. Let's say taxes take half, now you are down to only $71,428.57 each. Unless one of them kills all of their partners like in The Dark Knight that ain't much of a prize.

    1. 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
    2. 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
  2. Well done! by Slurpee · · Score: 4, Informative

    Well done Bellkor.

    But now the real race begins.

    Now that the 10% barrier has been reached, people have 30 days to submit their final results. At the end of the 30 days, whoever has the best result wins.

    This is going to be a great month!

  3. they were able to get the extra 0.5% over the top by circletimessquare · · Score: 4, Funny

    by simply ignoring data from anyone who ever rented SuperBabies: Baby Geniuses 2, Gigli, From Justin to Kelly, Disaster Movie, any movie by Uwe Boll and any movie starring Paris Hilton

    suddenly, everything made sense

    --
    intellectual property law is philosophically incoherent. it is your moral duty to ignore it or sabotage it
  4. Re:No info about the Netflix prize by Reikk · · Score: 5, Informative

    Background: The Netflix Prize is an ongoing open competition for the best collaborative filtering algorithm that predicts user ratings for films, based on previous ratings. The competition is held by Netflix, an online DVD-rental service, and is opened for anyone (with some exceptions). The grand prize of $1,000,000 is reserved for the entry which bests Netflix's own algorithm for predicting ratings by 10%.

  5. 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
  6. Re:No info about the Netflix prize by MrMista_B · · Score: 4, Informative

    What, you didn't even read the /summary/?

    I know, this is Slashdot, but 'some basic info about it' is /right there/.

  7. Interesting by coaxial · · Score: 5, Informative

    I published a paper using Netflix data. (Yeah, that group.)

    It's certainly cool that they beat the 10% improvement, and it's a hell of a deal for Netflix, since it would have cost them more than a prize money paid out to hire the researchers, the interesting thing is whether or not this really advances the the field of recommendation systems.

    The initial work definitely did, but I wonder how much of the quest for the 10% threshold moved the science, as opposed to just tweaking an application. Recommender systems still don't bring up rare items, and they still have problems with diversity. None of the Netflix Prize work address any of these problems.

    Still, I look forward to their paper.

  8. Re:No info about the Netflix prize by bogjobber · · Score: 4, Informative

    If the first sentence didn't explain it enough, perhaps you could RTFA.

  9. i was joking, however by circletimessquare · · Score: 5, Interesting

    from the excellent nyt article about the competition in november:

    http://science.slashdot.org/article.pl?sid=08/11/22/0526216

    it isn't bad movies that are the problem, taste in bad movies can still be uniform

    the real problem is extremely controversial movies, most notably Napoleon Dynamite

    http://www.imdb.com/title/tt0374900/

    not controversial in terms of dealing with abortion or gun control, but controversial in terms of some people really found the movie totally stupid, while some people really found the movie to be really funny

    movies like napolean dynamite are genre edge conditions, and people who apparently agree on everything else about movies in general encounter movies like this one and suddenly dramatically differ on their opinion of it, in completely unpredictable ways

    --
    intellectual property law is philosophically incoherent. it is your moral duty to ignore it or sabotage it