Not way back, I used to be speaking to someone who came out with a really 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 Many others will just steal it, and never pay him the royalties or license that algorithm from him. Quite simply he is not going to get paid for the many several years of study in creating it, refining it, and making certain that it really works. That is too undesirable, but he reiterated to me that he has a strategy in your mind. He really wants to file a number of patents, a number of them bogus, as to fool the people who might seek to steal his algorithmic method.
He figures it will eventually Value them a good sum of money and acquire them many years to figure out which just one he is actually making use of, and by then he should have modified it in any case. These mathematical methods really need to do with inventory and commodity investing, among other issues including athletics betting, or development monitoring graphical details. Indeed, I suppose it could be used for everything providing you had the empirical factual knowledge readily available in serious-time. Perhaps you can even use it to trace the temperature, While I do know that present-day artificial intelligent supercomputer weather prediction systems are quite strong.
Could it be attainable for him to file bogus algorithmic patents to sideline anyone who is attempting to steal his information and facts? Perfectly, I obtained to thinking of this and I wonder if The solution is most likely no. Let me tell you why. The thing is, somebody that goes through the aged knowledge inside the inventory market place, making use of Every of his algorithms could decide which one particular he is working with depending on when he traded in or check here outside of a specific inventory. You need to use these algorithms with historical knowledge as To place forth "what if" situations to ascertain in case you would've created revenue or not created revenue depending on earlier inventory performances and on sure charts at specific time intervals.
Another person trying to reverse engineer a trading algorithm could very effectively manage to think of a similar mathematical model with only a few clues. If an individual were being to file 5-6 patents with bogus algorithms, you can very easily dismiss them one by one by retracing outdated facts to check out if they might work or not.
Obviously if you try to do it the hard 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 one they were applying. And like I reported, he options on constantly upgrading his math and constantly refine it to take into account a big number of knowledge with limitless filters. Please take into consideration all this and get more info think on it.