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Ideas to monetize new artifical intelligence

news.ycombinator.com

31–40 of 106 posts

Re: Ideas to monetize new artifical intelligence

#31
post #14

I'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 copie…

http://channel9.msdn.com/Showpost.aspx?postid=40064

Talks about some similar ideas -- applying ML techniques to make information workers more productive. Cool stuff.

Re: Ideas to monetize new artifical intelligence

#32
post #29
post #26

Earlier quoted context omitted.

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.

Applying the algorithm to financial markets would be highly latency-sensitive, though. 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.

[deleted]

Re: Ideas to monetize new artifical intelligence

#33
post #29
post #26

Earlier quoted context omitted.

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.

Applying the algorithm to financial markets would be highly latency-sensitive, though. 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.

Training always takes a ton of time, even more so with my algorithm which is a bit more complex. But training is usually only done once and afterwards results can be generated very quickly.

Re: Ideas to monetize new artifical intelligence

#34
I would use it in productivity software.

The users would input their to do list and the AI would suggest the best next task for them to complete. You could have the user input some information about their lifestyle - married? family? when do they work? etc - and the AI would take into consideration these factors when determining the next best task.

Re: Ideas to monetize new artifical intelligence

#36
post #27
post #17

Earlier quoted context omitted.

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.

Then don't disclose the algorithm or collect the $1 million. If your algorithm really is good, demonstrate it by 'winning the prize', but rather than claiming the money and turning your algorithm over to Netflix sell it to someone. You're really wasting your time with the stock market though. Technical analysis is just silly.

> Technical analysis is just silly.

That was also my first reaction, but maybe the commodities market (which he's targeting) is more inefficient than equities.

Re: Ideas to monetize new artifical intelligence

#37
post #28
post #25

I don't believe you.

Challenge me. Select a dataset send me the training data and I'll send you my results so you can verify it... I don't mind being tested.

I'd like to see the result of your algorithm on the Netflix challenge as well.

Re: Ideas to monetize new artifical intelligence

#38

Investing. Look to Machine Insight in Cambridge, and the work they've done. They're trying to train an AI system to be Warren Buffet in a box. You don't hear much about this trend, because people are making way too much money to talk about it openly. I'll put it this way: if you can consistently beat the market by a few percentage points, you can be a billionaire.

>...people are making way too much money to talk about it openly.

Or maybe people are _wasting_ way too much money to talk about it openly.

Re: Ideas to monetize new artifical intelligence

#39
post #27
post #17

Earlier quoted context omitted.

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.

Then don't disclose the algorithm or collect the $1 million. If your algorithm really is good, demonstrate it by 'winning the prize', but rather than claiming the money and turning your algorithm over to Netflix sell it to someone. You're really wasting your time with the stock market though. Technical analysis is just silly.

Indeed, by winning the Netflix prize you've proven your approach is worth at least 1 million. And by beating some very, very good teams you've shown you know something they don't. That's very valuable evidence. That's IF you can hack it :)

Re: Ideas to monetize new artifical intelligence

#40
post #28
post #25

I don't believe you.

Challenge me. Select a dataset send me the training data and I'll send you my results so you can verify it... I don't mind being tested.

You can tell us your results with KDD data sets: http://kdd.ics.uci.edu/
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