Nexflix challenge, the challenge that is offered to anyone or any team who can improve the current Netflix movie recommendation system by a margin of 10%, is finally over.
Two front runners in the contest, Team Pragmatic Theory and Team Bellkor, joined forces and submitted an algorithm that was 10.05 percent better than the current system, that makes them eligible for the prize.
Machine learning and Artificial Intelligence have a sweet spot in me, and although I didn't join the challenge, but I also feel happy for their achievement.
The geeks have done a great contribution to the world, but the monetary reward they got was paltry at best. Nonetheless, I am happy to see that Nexflix challenge is finally broken.