Not way back, I had been talking to somebody who arrived out with a very very good algorithm to resolve a certain problem. He understands that he has to acquire a patent to the algorithm, but he is worried that when he puts out the algorithm that Some others will simply steal it, and not fork out him the royalties or license that algorithm from him. In other words he won't receives a commission for each of the years of exploration in generating it, refining it, and making sure that it works. Which is way too bad, but he reiterated to me that he has a method in your mind. He really wants to file a number of patents, many of them bogus, regarding fool the individuals who might endeavor to steal his algorithmic technique.
He figures it can Price them a fantastic amount of money and get them decades to figure out which a single he is definitely using, and by then he could have modified it in any case. These mathematical procedures need to do with stock and commodity buying and selling, among other points such as sports betting, or pattern tracking graphical knowledge. In fact, I suppose it may be used for anything at all get more info providing you had the empirical factual knowledge readily available in serious-time. Potentially you could even utilize it to trace the weather conditions, While I do know that present-day artificial intelligent supercomputer weather prediction systems are quite strong.
Could it be achievable for him to file bogus algorithmic patents to sideline anyone who is attempting to steal his facts? Very well, I acquired to thinking of this and I wonder if The solution is most likely no. Let me show you why. The thing is, somebody who goes through the aged knowledge inside the inventory market place, making use of Every of his algorithms could decide which one particular he is employing depending on when he traded in or outside of a specific inventory. You can utilize these algorithms with historic info as To place forth "what if" situations to ascertain should you would've produced dollars or not produced income based on previous inventory performances and on sure charts at specific time intervals.
Another person attempting to reverse engineer a buying and selling algorithm might really very well be able to come up with an identical check here mathematical design with just a couple clues. If another person were to file five or six patents with bogus algorithms, you may simply dismiss them one after the other by retracing outdated facts to see if they might work or not.
Obviously if you try to do it the difficult way, you could you drop a large amount of funds, or it could get you six months to a calendar year looking at Each individual of your submitted algorithmic patents to figure out which 1 they were applying. And like I reported, he options on continuously upgrading his math and constantly refine it to take into account a big degree of knowledge with limitless filters. Please take into consideration all this and think on it.