A number of people were suspicious when the Netflix Prize was announced. $1 million isn't much of a reward, some complained, and others believed that it would be difficult to improve upon the site's movie recommendation algorithm. Now, a little over one week into the contest, three teams have already beaten the existing system.
Slashdot, and wrote, "This is pretty impressive given the previously quoted researcher who said: You're competing with 15 years of really smart people banging away at the problem.'" Techdirt's Del.icio.us | Digg | Yahoo! My Web | Furl Bookmark Murdok: Doug is a staff writer for Murdok for the latest eBusiness news.Progress Made Towards Netflix Prize
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