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Ideas to monetize new artifical intelligence

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Re: Ideas to monetize new artifical intelligence

#91

Post by neilc »

brent wrote: post #69
ivankirigin wrote: post #53

Earlier quoted context omitted.

Do you have any information at all to base your comment on?

Do you have any information of anyone algorithmically outperforming the market enough to make them personally billionaires?

Algorithmic trading is actually commonplace:

http://en.wikipedia.org/wiki/Quantitative_analyst

http://en.wikipedia.org/wiki/Algorithmic_Trading_Platforms

http://www.iht.com/articles/2006/11/23/business/trading.php?...

Typically this is not a question of "find the secret strategy and make billions!", but rather finding a good execution algorithm to break an order of $billions down into a series of smaller orders for a good average price, or finding and exploiting minute arbitrage opportunities, etc. Algorithmic trading is responsible for many billions of dollars of trades daily; I don't know offhand of particular people who have become billionaires off it, but there are definitely lots of folks who have made a lot of money.

Re: Ideas to monetize new artifical intelligence

#92

Post by zyroth »

marcus wrote: post #45
zyroth wrote: post #30

Earlier quoted context omitted.

> 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.

even if its in the milliseconds range?

fincancial fraud detection bottlenecks are typically between ram and the processor. Thousands of snychronously incoming transactions have to be examined simultanously, because they correlate heavily.

It is not like "here is one transaction, is it a fraud?" but "here are 2^20 transactions, what are the frauds?".

You could do this by pipelining, but I guess Banks want a zero downtime system and I personally would not trust an API in terms of reliability.

Another point is, that banks will not give you the original data. They will have to "pseudonymize" several entries, such as credit card numbers, names, ... This would force them to preprocess the data which gives every transaction a very little + O(n) and which might decrease the speed even more.

(I'm not saying it's technically impossible, but I'd say there are better ways, such as releasing it closed source or just using it to predict financial data - which as we all know is possible and being done by hedge fonds, so this should be the best way IF you have that algorithm ;)

Re: Ideas to monetize new artifical intelligence

#93

Post by marcus »

greendestiny wrote: post #85
marcus wrote: post #74

Earlier quoted context omitted.

KDD 2006 cup http://www.cs.unm.edu/kdd_cup_2006 My algorithm scored 2.043 19 on tasks 1 & 2 Top 3 places 1: 1.35 1.28 1.27 Top 3 places 2: 13.58 13.56 13.44 Note these scores represent 5 different teams.

No doubt the siemens medical solutions people would be interested in talking with you further. The KDD 2006 training and results data have now been released, so its not really a great demonstration.

I had the same idea but I tried approaching them and couldn't get them to try and test my algorithm. Cold calls in that industry are very difficult...

I don't want them to take my word for it, just supply me with more test data and I could send them my results.

Re: Ideas to monetize new artifical intelligence

#94

Post by marcus »

zyroth wrote: post #83
marcus wrote: post #28

Earlier quoted context omitted.

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.

There are a lot of different fields in ML. I don't believe that you have an algorithm that beats all algorithms out there , even if those are specialized on a specific setting.

You are right there are quite a few problem types in ML and a lot of different algorithms but because my idea is a basic insight into something that is missing in existing algorithms, I've been able to incorporate the change into several different algorithms.

Re: Ideas to monetize new artifical intelligence

#95

Post by marcus »

rms wrote: post #90
tx wrote: post #62

Earlier quoted context omitted.

This is what's wrong with our patent system. Imagine if all those great minds who came up with theorems you had to learn in 4-6 years of college decided to patent them. Math should not be patentable. It's a crime.

At least patents are only 20 years, copyright is forever.

Copyright isn't forever. It originally expired 17 years after the death of the author. Unfortunately Disney pushed for extension of copyrights every time their key copyrights (Micky mouse & friends) were about to expire and have been able to push extending them quite unreasonably.

Re: Ideas to monetize new artifical intelligence

#96

Post by marcus »

hhm wrote: post #65
marcus wrote: post #55

Earlier quoted context omitted.

My name is Avi Marcus, I am a 29 year old, semi retired (sold my previous startup ) hacker from Israel. Started programming at 8, started CS in college when I was 13. Flunked out because I was bored at 15. Always been interested in artificial intelligence, but a year and a half ago I read a book on the way the human brain works and suddenly I had a vision of something programmers missed in all of the machine learning…

Thank you for your answer. I was curious about it, and I'm sure this info would be useful for anyone interested in contacting you.

Added my email to my YC news profile.

Re: Ideas to monetize new artifical intelligence

#97

Post by marcus »

oPerrin wrote: post #84
marcus wrote: post #55

Earlier quoted context omitted.

My name is Avi Marcus, I am a 29 year old, semi retired (sold my previous startup ) hacker from Israel. Started programming at 8, started CS in college when I was 13. Flunked out because I was bored at 15. Always been interested in artificial intelligence, but a year and a half ago I read a book on the way the human brain works and suddenly I had a vision of something programmers missed in all of the machine learning…

Sounds like you read: "On Intelligence" - if so, cool, if not do so. Then do this: break CAPTCHA There are plenty of people who will pay for that, and a successful implementation of Hawkins/George system will be able to do so.

Lets try to stick to something ethical with either a positive impact on the world or at least without a negative one.

Don't want the spam in the worlds Inboxes to be on my hands.

Re: Ideas to monetize new artifical intelligence

#98

Post by marcus »

richcollins wrote: post #89

In response to the idea that your search algorithm is better than all others: http://en.wikipedia.org/wiki/No_free_lunch_in_search_and_opt... In response to your question I say that it should be easy to monetize your algorithm if it is truly good at solving some class problems. Just find problems where the solutions are valuable to some group of people and sell the solutions you create.

Never said it was a search algorithm.

That is what I am trying to find in this thread ideas on where the solutions are most valuable and how to pitch them.

Re: Ideas to monetize new artifical intelligence

#99

Post by brent »

neilc wrote: post #91
brent wrote: post #69

Earlier quoted context omitted.

Do you have any information of anyone algorithmically outperforming the market enough to make them personally billionaires?

Algorithmic trading is actually commonplace: http://en.wikipedia.org/wiki/Quantitative_analyst http://en.wikipedia.org/wiki/Algorithmic_Trading_Platforms http://www.iht.com/articles/2006/11/23/business/trading.php?... Typically this is not a question of "find the secret strategy and make billions!", but rather finding a good execution algorithm to break an order of $billions down into a series of smaller orders for a…

I know there are people who trade algorithmically (I'm one of them). I just wanted evidence of one person who had made billions from it.

Re: Ideas to monetize new artifical intelligence

#100

Post by greendestiny »

marcus wrote: post #93
greendestiny wrote: post #85

Earlier quoted context omitted.

No doubt the siemens medical solutions people would be interested in talking with you further. The KDD 2006 training and results data have now been released, so its not really a great demonstration.

I had the same idea but I tried approaching them and couldn't get them to try and test my algorithm. Cold calls in that industry are very difficult... I don't want them to take my word for it, just supply me with more test data and I could send them my results.

Try the specific kdd people there as listed on this paper: http://portal.acm.org/citation.cfm?id=1233321.1233326

I'm sure an opportunity to prove your algorithm will pop up. Its the sort of field where you can fool yourself sometimes by not being careful enough with training and testing data, so random people off the internet generally don't seem worth the trouble to an established researcher.

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