Want An Important Artificial Intelligence Problem Solved? Announce A Prize For It

There have been many prizes in technology that have captured everyone’s imagination. But are these awards, especially the ones related to artificial intelligence, really worth it? There is an ongoing debate that if prizes and awards really help or inspire people to innovate and come up with breakthrough techniques. The DARPA Grand Challenge changed the world of cars forever. The challenge included a prize of over $2 million for teams gaining excellence in driverless car technology. Again in 2010, there was a prize for teaching multiple vehicles to cooperate in a simulated combat situation. These two prizes have changed the future of transportation through meticulously planned challenges and an award. Another great award was the “The Netflix Prize” announced in 2006, which invited data scientists and programmers to make Netflix’s recommendations at least 10% better. Eventually a group named “BellKor's Pragmatic Chaos” cracked won the prize in 2009. Recently, Communitech a
Subscribe or log in to Continue Reading

Uncompromising innovation. Timeless influence. Your support powers the future of independent tech journalism.

Already have an account? Sign In.

📣 Want to advertise in AIM? Book here

Picture of Abhijeet Katte
Abhijeet Katte
As a thorough data geek, most of Abhijeet's day is spent in building and writing about intelligent systems. He also has deep interests in philosophy, economics and literature.
Related Posts
AIM Print and TV
Don’t Miss the Next Big Shift in AI.
Get one year subscription for ₹5999
Download the easiest way to
stay informed