Not way back, I had been speaking to somebody who arrived out with a very fantastic algorithm to resolve a particular difficulty. He knows that he has to secure a patent for that algorithm, but he is concerned that when he places out the algorithm that Many others will just steal it, and not pay him the royalties or license that algorithm from him. To put it differently he is not going to get paid for many of the several years of analysis in creating it, refining it, and making certain that it works. That is as well terrible, but he reiterated to me that he has a strategy in your mind. He desires to file various patents, some of them bogus, concerning idiot the individuals who could make an effort to steal his algorithmic system.
He figures it's going to Price tag them an excellent amount of cash and consider them several years to determine which 1 he is in fact applying, and by then he can have modified it anyway. These mathematical tactics have to do with stock and commodity buying and selling, amongst other points such as sports betting, or pattern tracking graphical knowledge. In fact, I suppose it may be employed for anything as long as you had the empirical factual knowledge out there in real-time. Perhaps you can even use it to trace the temperature, Whilst I do know that modern synthetic smart supercomputer weather prediction methods are quite strong.
Can it be attainable for him to file bogus algorithmic patents to sideline anyone who is trying to steal his information and facts? Perfectly, I obtained to pondering this and I ponder if The solution is likely no. Let me tell you why. The thing is, somebody that goes with here the aged knowledge inside the inventory current market, making use of Every of his algorithms could figure out which just one he is working with depending on when he traded in or out of a certain inventory. You should utilize these algorithms with historical knowledge as To place forth "what if" eventualities to determine in case you would have created money or not created revenue depending on earlier inventory performances and on particular charts at selected time intervals.
Somebody looking to reverse engineer a trading algorithm may well incredibly well be capable to think of the same mathematical product with just some clues. If somebody have been to file 5 or 6 patents with bogus algorithms, you could possibly conveniently dismiss them one after the other by retracing old information to find out if they'd operate or not.
Not surprisingly if you are trying to make it happen the really hard way, you may perhaps you lose a substantial amount of revenue, or it could choose you 6 months to your 12 months observing Every single on the filed algorithmic patents to determine which a person they ended up employing. And like I explained, he strategies on constantly upgrading his math and regularly refine it to take into more info consideration a large number of info with unlimited filters. Be sure to look at All of this and Consider on it.