The quest for Netflix’s prize to whomever creates a movie-recommending algorithm 10 percent better than its own reveals some interesting ideas about what constitutes a better algorithm. Rogue contestant Gavin Potter: The 20th century was about sorting out supply. The 21st is going to be about sorting out demand.
Hence, demand is characterized by finely tuned algorithms and human behaviourial economics theories.
Netflix Algorithms
The quest for Netflix’s prize to whomever creates a movie-recommending algorithm 10 percent better than its own reveals some interesting ideas about what constitutes a better algorithm. Rogue contestant Gavin Potter: Hence, demand is characterized by finely tuned algorithms and human behaviourial economics theories.