Predictive algorithm and what’s so great about the Netflix Prize

AlgorithmWell, on the surface, nothing much. But it represent increasing interest on a very promising field.

It’s million dollar prize for computer expert and statistician that can improve a set of algorithm (a set of rules to be executed by computer).

Netflix, the companies who pay for this $1 million reward, is a movie rental company in USA (trying to establish international presence). You choose movies on their website, they send the movie to you by mail, you send back the movies when you’re done with the movies you borrow.

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From the New York Times – Netflix competition winner

netflix prizeNews: http://www.nytimes.com/2009/09/22/technology/internet/22netflix.html?ref=technology

A $1 Million Research Bargain for Netflix, and Maybe a Model for Others

By STEVE LOHR

Published: September 21, 2009

Even the near-miss losers in the Netflix million-dollar-prize competition seemed to have few regrets.

Netflix, the movie rental company, announced on Monday that a seven-man team was the winner of its closely watched three-year contest to improve its Web site’s movie recommendation system. That was expected, but the surprise was in the nail-biter finish.

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What’s the best career move for fresh graduates?

Picture Credit: http://www.amaco.com - Please check their website if you like this picture

Picture Credit: http://www.amaco.com - Thanks to Amaco - Please check their website if you like this picture

Get yourself a good boss.

Totally.

If you have the option of 3 type of workplace:

1. A place that offers substantial pay compared to other company for fresh grads (it happens right?)

2. A place with good boss, people who are great themselves and really care about making their staff to be as good as them

3. A place that offers some variety in challenge in the task

4. A place that allows you to go home at 17.00 every day

Choose number 2.

Why? Why not the money?

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Why does being a good boss is so difficult?

Quantum Leadership Circle - image courtesy: http://www.pcstx.biz/Because being a bad one is so easy

Ok first, how do you become a good boss?

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