Not way back, I was conversing with a person who came out with a extremely great algorithm to solve a specific trouble. He recognizes that he has to obtain a patent for the algorithm, but He's apprehensive that after he puts out the algorithm that Other folks will simply steal it, instead of fork out him the royalties or license that algorithm from him. Put simply he will not receives a commission for every one of the a long time of research in building it, refining it, and ensuring that it really works. That's much too undesirable, but he reiterated to me that he has a strategy in mind. He hopes to file many patents, a number of them bogus, concerning fool the people who may seek to steal his algorithmic approach.
He figures it will Value them a good sum of money and choose them a long time to determine which one he is really working with, and by then he may have modified it anyway. These mathematical approaches really have to do with stock and commodity trading, amongst other factors for instance sporting activities betting, or trend tracking graphical information. Without a doubt, I suppose it may be employed for just about anything provided that you experienced the empirical factual data accessible in actual-time. Probably you could possibly even utilize it to track the climate, Despite the fact that I do recognize that present day artificial clever supercomputer temperature prediction units are pretty strong.
Could it be achievable 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, someone that goes throughout the old details from the stock market, working with Every single of his algorithms could find out which one He's utilizing dependant on when he traded in or from a selected stock. You should use these algorithms with historic information as To place forth "Imagine if" scenarios to ascertain in the event you might have made income or not made income based on previous inventory performances and on website sure charts at specific time intervals.
Anyone wanting to reverse engineer a buying and selling algorithm might really very well have the ability to come up with an identical mathematical product with just some clues. If somebody have been to file 5 or 6 patents with bogus algorithms, you could potentially effortlessly 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 do it the hard way, you may you drop quite a bit of funds, or it could get you six months to a calendar year looking at Each individual of your submitted algorithmic patents to figure out which a single they had been utilizing. And like I said, he plans on read more frequently upgrading his math and frequently refine it to take into consideration a massive quantity of data with endless filters. Remember to contemplate All of this and Assume on it.