Not long ago, I had been speaking with an individual 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 generating it, refining it, and making sure that it really works. Which is way too poor, but he reiterated to me that he has a technique in mind. He would like to file a number of patents, a number of them bogus, as to fool the people who may try to steal his algorithmic approach.
He figures it will 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 anyway. These mathematical techniques should do with inventory and commodity investing, among other issues for example 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, 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 attempting to steal his information and facts? Perfectly, I obtained to thinking of this and I ponder if The solution is most likely no. Let me tell you why. The thing is, somebody that goes with the aged knowledge inside the inventory current market, making use of Every of his algorithms could decide which just one he is working with depending on when he traded in or outside of a specific inventory. You need to use these algorithms with historic info as To place forth "what if" situations to ascertain in case you would've created dollars or not created dollars according to previous inventory performances and on certain website charts at specified time intervals.
Anyone wanting to reverse engineer a buying and selling algorithm could possibly really very well be able to come up with an identical mathematical design with just a couple clues. If another person were to file five or six patents with bogus algorithms, you may simply dismiss them one after the other by retracing outdated facts to check out if they might work or not.
Obviously if you try to do it the difficult way, you could you drop a large amount of funds, or it could get you six months to a year looking at Each individual of your submitted algorithmic patents to figure out which 1 they were using. And like I reported, he designs on continuously upgrading his math and constantly refine it to take into account a huge degree of info with unlimited filters. Be sure to look read more at all this and Imagine on it.