Everyone heard about the Netflix Prize . The person or team to improve their recommendation system by certain requirements gets a Million bucks. Sounds great?
Well, we run Criticker:
We’ve always been a two-man team, without any funding or venture capital money, and completely unaffiliated with any other site. And couple of our users suggested to take part in the Netflix Prize. We looked into it and read their T&C and decided to sooo not take part. Since everything you submit to Netflix Prize goes over in their possession.
So 1 Millions sounds good but at the end Netflix paid $1 an hour in development and probably gained resources not related to make their recommendations better.
The New York Times has an interesting article – stating that a almost Netflix Prize winner has regrets.
We are very happy that we stood away from it and that we got to keep our simple but very effective movie recommendation algorithm.
Give us a try: Criticker
Tags: Criticker, Movies, Recommendations, Web 2.0
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