You 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... )
Ideas to monetize new artifical intelligence
21–30 of 106 posts
Re: Ideas to monetize new artifical intelligence
#22I'll put it this way: if you can consistently beat the market by a few percentage points, you can be a billionaire.
Re: Ideas to monetize new artifical intelligence
#23Build 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
#24Patent 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.
Re: Ideas to monetize new artifical intelligence
#25Re: Ideas to monetize new artifical intelligence
#26Earlier quoted context omitted.
Thats an awesome idea. Integration is pretty simple, as you can use it almost as a drop in replacement for a backprop neural network.
Uhm? The latency as a public api will render it useless for most applications.
Re: Ideas to monetize new artifical intelligence
#27Netflix 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.
You're really wasting your time with the stock market though. Technical analysis is just silly.
Re: Ideas to monetize new artifical intelligence
#28I don't believe you.
I don't mind being tested.
Re: Ideas to monetize new artifical intelligence
#29Earlier quoted context omitted.
Uhm? The latency as a public api will render it useless for most applications.
Most AI application aren't realtime (although some of them in the chemical industry for example are ). A doctor doesn't care if his cancer diagnosis takes another 20 milliseconds so long as its a bit more accurate. And a bank trying to analyze if a credit card transaction is fraud or not doesn't care about the short delays either.
I'm not sure I buy the web service idea, either: wouldn't typical applications require a lot of input data (training set + test set) in order to be effective? Uploading all that data could be annoying, compared with just running the algorithm locally at the customer's site.
Re: Ideas to monetize new artifical intelligence
#30Earlier quoted context omitted.
Uhm? The latency as a public api will render it useless for most applications.
Most AI application aren't realtime (although some of them in the chemical industry for example are ). A doctor doesn't care if his cancer diagnosis takes another 20 milliseconds so long as its a bit more accurate. And a bank trying to analyze if a credit card transaction is fraud or not doesn't care about the short delays either.
Oh yes, they do. That I do know.