Not way back, I was speaking with a person who arrived out with a extremely good algorithm to unravel a particular dilemma. He recognizes that he has to get a patent with the algorithm, but He's anxious that once he places out the algorithm that others will basically steal it, and never spend him the royalties or license that algorithm from him. Quite simply 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 much too undesirable, but he reiterated to me that he has a strategy in mind. He wants to file many patents, some of them bogus, concerning idiot the people who may well try to steal his algorithmic approach.
He figures it will Charge them a good sum of money and choose them many years to figure out which a person he is actually employing, and by then he should have modified it anyway. These mathematical techniques should do with inventory and commodity investing, among other things including athletics betting, or craze monitoring graphical facts. In truth, I suppose it may be useful for something so long as you had the empirical factual information obtainable in true-time. Most likely you could potentially even utilize it to track the climate, Though I do understand that present day artificial clever supercomputer weather conditions prediction programs are very sturdy.
Is it possible for him to file bogus algorithmic patents to sideline anybody who is trying to steal his details? Nicely, I got to thinking about this and I'm wondering if the answer is potentially no. Allow me to let you know why. The thing is, a person who goes throughout the old details from the stock sector, working with Each and every of his algorithms could determine which a person he is applying determined by when he traded in or out of a certain inventory. You should utilize these algorithms with historical facts as to put forth "Let's say" eventualities to determine in case you would've created revenue or not created revenue according to previous inventory performances and on particular charts at specified time intervals.
Someone wanting to reverse engineer a investing algorithm might really very well be able to come up with an identical mathematical design read more with only a few clues. If another person were being to file 5-6 patents with bogus algorithms, you can very easily dismiss them one by one by retracing previous knowledge to discover if they might do the job or not.
Of course if you try to make it happen the hard way, you may you shed quite a bit of money, or it could take you 6 months to the 12 months observing Every single on the filed algorithmic patents to determine which just one they ended up employing. And like I explained, he programs on regularly upgrading his math and continually refine it to take here into consideration a tremendous level of information with endless filters. You should contemplate All of this and Assume on it.