Not long ago, I had been talking to an individual who arrived out with an extremely fantastic algorithm to resolve a certain issue. He recognizes that he has to get a patent for the algorithm, but He's nervous that once he places out the algorithm that Other people will basically steal it, rather than pay out 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 building it, refining it, and making certain that it really works. That is too terrible, 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 an excellent amount of cash and take them several years to determine which 1 he is really working with, and by then he may have modified it anyway. These mathematical tactics really have to do with stock and commodity trading, amongst other factors which include sporting activities betting, or trend tracking graphical info. Without a doubt, I suppose it may be employed for just about anything provided that you experienced the empirical factual data accessible in genuine-time. Possibly you might even use it to track the weather, Even though I do realize that today's synthetic smart supercomputer weather conditions prediction programs are very robust.
Is it probable for him to file bogus algorithmic patents to sideline anybody who is trying to steal his info? Nicely, I got to thinking about this and I'm wondering if the answer is possibly no. Allow me to inform you why. You see, a person who goes from the previous data during the stock market, working with Every single of his algorithms could determine which one he is using based upon when he traded in or from a selected stock. You may use these algorithms with historical facts as get more info to put forth "Let's say" eventualities to determine when you would have manufactured money or not created revenue depending on earlier inventory performances and on particular charts at selected time intervals.
Someone looking to reverse engineer a investing algorithm may quite perfectly have the ability to come up with an identical mathematical design with just a couple clues. If anyone were to file five or six patents with bogus algorithms, you may quickly dismiss them one after the other by retracing outdated facts to check out if they might work or not.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 calendar year looking at Each individual of your submitted algorithmic patents to figure out which check here one they were applying. And like I reported, he options on continuously upgrading his math and constantly refine it to take into account a big number of knowledge with limitless filters. Be sure to take into consideration all this and think on it.