$10,000 algorithm competition: predict commute times on a Sydney freeway
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Re: $10,000 algorithm competition: predict commute times on a Sydney freeway
#2Would you consider this kind of action as 'scraping the bottom of the barrel'? In the design community so-called 'competitions' are considered rorts and shunned by anyone worth their weight.
What is ironic is that the NSW govt. probably have spent 50 times the figure working with private companies attempting to develop an acceptable solution, and this stinks of a last ditch effort.
Re: $10,000 algorithm competition: predict commute times on a Sydney freeway
#3The competition seems artificially restricted based on what it's trying to accomplish. Why limit yourself to past data? We have immense sources of data for events months before they actually happen. Why wouldn't you account for a cricket match/product release/concert that's scheduled to happen a month in the future?
Re: $10,000 algorithm competition: predict commute times on a Sydney freeway
#4The competition seems artificially restricted based on what it's trying to accomplish. Why limit yourself to past data? We have immense sources of data for events months before they actually happen. Why wouldn't you account for a cricket match/product release/concert that's scheduled to happen a month in the future?
Doesn't seem to be anything stopping ppl from including other data.
Re: $10,000 algorithm competition: predict commute times on a Sydney freeway
#5Would you consider this kind of action as 'scraping the bottom of the barrel'? In the design community so-called 'competitions' are considered rorts and shunned by anyone worth their weight. What is ironic is that the NSW govt. probably have spent 50 times the figure working with private companies attempting to develop an acceptable solution, and this stinks of a last ditch effort.
I wonder why they only offer $10k. It seems cheap, particularly, as you say, they probably spent WAY more than that trying to do this in-house.
$10k is honestly hardly worth my time. I guess they're hoping for that one bright high school kid... good luck!
Re: $10,000 algorithm competition: predict commute times on a Sydney freeway
#6A tollbooth was taken off this road about 3-4 months ago that was a major congestion point - 2 years of historical data is largely useless I think.
Re: $10,000 algorithm competition: predict commute times on a Sydney freeway
#7I would suggest that anyone considering entering a kaggle.com competition take a look at their Terms and Conditions : http://kaggle.com/Legals/terms Note section 9 which appears to require the winner to assign copyright on the submission to the organizer.
Giving up all rights to your code has never seemed to me to be a good strategy for a developer (except possibly in the case of full time employment).
Re: $10,000 algorithm competition: predict commute times on a Sydney freeway
#8Would you consider this kind of action as 'scraping the bottom of the barrel'? In the design community so-called 'competitions' are considered rorts and shunned by anyone worth their weight. What is ironic is that the NSW govt. probably have spent 50 times the figure working with private companies attempting to develop an acceptable solution, and this stinks of a last ditch effort.
I wonder why they only offer $10k. It seems cheap, particularly, as you say, they probably spent WAY more than that trying to do this in-house. $10k is honestly hardly worth my time. I guess they're hoping for that one bright high school kid... good luck!
Agreed. The Netflix Prize was $1M, and this doesn't seem like just 1% of the work. Not to mention Netflix only required an non-exclusive unrestricted license from the winning entry, rather than full reassignment of copyright (see tgflynn's comment.)
Re: $10,000 algorithm competition: predict commute times on a Sydney freeway
#9I would suggest that anyone considering entering a kaggle.com competition take a look at their Terms and Conditions : http://kaggle.com/Legals/terms Note section 9 which appears to require the winner to assign copyright on the submission to the organizer. Giving up all rights to your code has never seemed to me to be a good strategy for a developer (except possibly in the case of full time employment).
Especially Giving up all rights to code that was better than anyone else's for only 10K.
Edit: $9,814.40 USD, the 10K would be in AUD I am guessing Edit2: Scratch that it is 10K USD, not AUD
Re: $10,000 algorithm competition: predict commute times on a Sydney freeway
#10Earlier quoted context omitted.
I wonder why they only offer $10k. It seems cheap, particularly, as you say, they probably spent WAY more than that trying to do this in-house. $10k is honestly hardly worth my time. I guess they're hoping for that one bright high school kid... good luck!
Agreed. The Netflix Prize was $1M, and this doesn't seem like just 1% of the work. Not to mention Netflix only required an non-exclusive unrestricted license from the winning entry, rather than full reassignment of copyright (see tgflynn's comment.)
Except Netflix had a minimum standard of performance. This reads to me that the best entry submitted before time expires gets the prize, regardless.