Not way back, I used to be conversing with someone who came out with a really very good algorithm to resolve a certain problem. He understands that he has to acquire a patent for your algorithm, but He's fearful that after he puts out the algorithm that Some others will simply steal it, and not fork out him the royalties or license that algorithm from him. To put it differently he is not going to get paid for the many a long time of study in building it, refining it, and making certain that it really works. That is too undesirable, 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 people who may possibly 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 working with, and by then he will have modified it anyway. These mathematical approaches really have to do with stock and commodity trading, amongst other items for instance sporting activities betting, or trend tracking graphical information. Without a doubt, I suppose it could be employed for nearly anything provided that you experienced the empirical factual details accessible in genuine-time. Possibly you might even use it to track the climate, Though I do understand that present day artificial clever supercomputer weather conditions prediction devices are rather sturdy.
Is it feasible for him to read more file bogus algorithmic patents to sideline anybody who is attempting to steal his data? Effectively, I received to contemplating this and I wonder if The solution is perhaps no. Let me show you why. You see, somebody who goes through the outdated info within the inventory market place, utilizing each of his algorithms could work out which a single He's employing according to when he traded in or away from a particular inventory. You can utilize these algorithms with historic info as To place forth "what if" situations to ascertain should you would've produced income or not made income based on previous inventory performances and on sure charts at specific time intervals.
Another person attempting to reverse engineer a buying and selling algorithm could possibly extremely very well be able 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 here retracing aged details to see if they would function or not.
Needless to say if you are attempting to get it done the tough way, you could possibly you eliminate a large amount of income, or it could just take you six months to some year watching Every of the submitted algorithmic patents to determine which one particular they had been utilizing. And like I stated, he plans on continually 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.