Not way back, I used to be conversing with a person who came out with a extremely great algorithm to solve a specific challenge. He recognizes that he has to get a patent for the algorithm, but He's nervous 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. To put it differently he will not likely receives a commission for the many a long time of study in building it, refining it, and making certain that it really 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 attempt to steal his algorithmic tactic.
He figures it'll Charge them a great sum of money and take them a long time to determine which one he is really employing, and by then he will have modified it anyway. These mathematical approaches really have to do with inventory and commodity trading, amongst other items for example sporting activities betting, or development monitoring graphical information. Certainly, I suppose it could be utilized for everything providing you experienced the empirical factual facts out there in real-time. Maybe you may even use it to trace the temperature, Whilst I do know that modern synthetic smart 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 facts? Very well, 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 each of his algorithms could decide which one particular he is working with depending on when he traded in or outside of a specific inventory. You can utilize these algorithms check here with historic info as To place forth "what if" situations to ascertain in the event you would've produced dollars or not produced income based on previous inventory performances and on sure charts at specific time intervals.
Anyone attempting to reverse engineer a buying and selling algorithm could possibly extremely properly 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were to file five or six patents with bogus algorithms, you may simply dismiss them one after the other by retracing outdated facts to see if they might work or not.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 click here upgrading his math and constantly refine it to take into account a huge degree of facts with limitless filters. Please take into consideration All of this and Believe on it.