Business 2.0 FORTUNE
 
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.
Posted by Owen Thomas 8:20 AM 0 Comments comment | Add a Comment

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.