Not way back, I used to be conversing with someone who came out with a really excellent algorithm to solve a specific trouble. He recognizes that he has to obtain a patent for your algorithm, but He's fearful that after he puts out the algorithm that Some others will simply steal it, and not pay back 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 mind. He wants to file various patents, some of them bogus, concerning idiot the individuals who may possibly attempt to steal his algorithmic system.
He figures it's going to Price tag them a great sum of money and take them several years to determine which one he is really working with, and by then he may have modified it anyway. These mathematical tactics have to do with stock and commodity trading, amongst other factors which include sports betting, or trend tracking graphical information. Without a doubt, I suppose it could be employed for nearly anything provided that you experienced the empirical factual details available in genuine-time. Possibly you might even use it to track the weather, Even though I do realize that today's synthetic smart supercomputer climate prediction techniques are really robust.
Can it be probable get more info for him to file bogus algorithmic patents to sideline anybody who is trying to steal his info? Well, I got to serious about this and I'm wondering if the answer is potentially no. Allow me to let you know why. The thing is, someone that goes throughout the old details from the stock sector, employing Each and every of his algorithms could figure out which a person he is applying determined by when he traded in or out of a certain inventory. You may use these algorithms with historical facts as to put forth "Let's say" eventualities to determine when you would have manufactured money or not manufactured money determined by earlier inventory performances and on specific charts at selected time intervals.
Somebody seeking to reverse engineer a trading algorithm may well incredibly well be capable of think of the same mathematical product with just some clues. If someone had 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 perform or not.
Not surprisingly if you are attempting to get it done the really hard way, you may perhaps you reduce a substantial amount of revenue, or it could choose you 6 months to website your 12 months observing Every single in 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 into consideration a large volume of info with unlimited filters. You should take into account all this and Imagine on it.