If it doesn't make money trading, then it isn't better than existing algorithms, because that's what you're competing against.
Ideas to monetize new artifical intelligence
11–20 of 106 posts
Re: Ideas to monetize new artifical intelligence
#12Patent and publish it. CAD is not limited by the algorithm so much as a lack new problems. However, if you can generate a little buzz you can become a consultant / start a consultant company. PS: Many machine learning systems can trade off accuracy for efficiency so you might look into increasing efficiency vs. accuracy for some existing application.
Thought about patenting it, but the entire idea of a patent is the ability to enforce a monopoly.
I will never be able to inspect the insides of any commercial AI in the field, so as to allege an infringement on my patent.
Re: Ideas to monetize new artifical intelligence
#13You could try to find a good pilot customer who has valuable data and is willing to work with you to adapt the algorithm to their particular problem. What you want as an outcome is a story like this: "Math Whizzes Turbocharge An Online Retailer's Sales" (http://www.informationweek.com/showArticle.jhtml?articleID=2...)
Re: Ideas to monetize new artifical intelligence
#14I'd love to have a virtual clone of myself, i.e. something that has learned to think like me. I would treat it as a virtual assistant. I'd like it to prioritize and schedule my work. Tell me when it's time to call it quits or when I need to be doing something else.
Essentially, it'd be the virtual embodiment of my conscience.
Going along those lines, let's say you're a brilliant CEO or hacker. You could license copies of your wisdom to others who need guidance.
Re: Ideas to monetize new artifical intelligence
#15If it doesn't make money trading, then it isn't better than existing algorithms, because that's what you're competing against.
There are probably some AIs making money out there but they try to beat the market by examining a variety of commodities at once and discovering their interdependencies faster and better than humans can.
I have far more hubris, I'm trying to make it work with pure technical analysis on a single commodity. Which is a bit harder.
Re: Ideas to monetize new artifical intelligence
#16Build a public web API to use your technology for a fee. Make it dead simple to incorporate AI into any application.
Re: Ideas to monetize new artifical intelligence
#17Netflix challenge? No recurring revenue, but, hey, a million dollars. You'll have to disclose the algorithm to accept the prize.
Thats the problem disclosing the algorithm is something I'd rather avoid.
I don't mind sharing it with a company for a licensing fee as long as I don't have to public domain it.
Re: Ideas to monetize new artifical intelligence
#18Build a public web API to use your technology for a fee. Make it dead simple to incorporate AI into any application.
Thats an awesome idea. Integration is pretty simple, as you can use it almost as a drop in replacement for a backprop neural network.
Re: Ideas to monetize new artifical intelligence
#19How about _proving_ that the algorithm works first. Prove it on something simple and verifiable like symbolic addition http://news.ycombinator.com/item?id=75439 . Here I go again with my own agenda, sorry...
This is a classic example of the saying "When the only tool you have is a hammer, every problem looks like a nail" To a guy with a spam filter, everything looks like mail to be filtered. (it was a cool & very interesting experiment non the less ) Symbolic addition is exactly the wrong kind of problem for this algorithm as the symbols don't have any relationships with each other which is exactly the insight this algor…
>Symbolic addition is exactly the wrong kind of problem for this algorithm as the symbols don't have any relationships with each other...
That was my thinkng exactly. I am glad it is confirmed by an expert...
Re: Ideas to monetize new artifical intelligence
#20Netflix challenge? No recurring revenue, but, hey, a million dollars. You'll have to disclose the algorithm to accept the prize.
Thats the problem disclosing the algorithm is something I'd rather avoid. I don't mind sharing it with a company for a licensing fee as long as I don't have to public domain it.
I just glanced at the rules. I didn't see anything about disclosing outside of Netflix, but you do have to license winning algorithms to them. The license appears to grant them the right to make & sell products based on the algorithm.