Netflix contest brings in lots of free labor
Netflix is already getting its money worth, Techdirt reports, from the $1 million prize it offered last week. Sure, no one's hit the mark for winning - boosting by 10 percent or more the accuracy of Netflix's CineMatch movie-recommendation service, which predicts how much a customer will like a flick based on her movie preferences. But there are a handful of contestants who have managed to improve on Netflix's algorithms. WXYZconsulting.com created a stir when it became the first to beat Netflix's recommendations - with just a "few nights' work," Good Morning Silicon Valley notes - but The Thought Gang rapidly bested the consultants late last night. Still, none of the contestants have posted more than a one percent improvement over CineMatch, so there are many more laps to go in this horse race.
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