Pretty exciting. I've been working on the prize in my spare time. Got to #162 (.8838 rmse).
The algorithms involved and the solutions from past years have been very interesting. I highly recommend that people check out the forum posts on http://netflixprize.com
The winning submission was made by a combination of the top 3 teams. In my opinion, if they win it, it's well deserved! It will be very interesting to see Pragmatic Theory's method published.
Teams BellKor and Chaos Theory published their methods when they won the 2008 Progress Prize.
Wow! I wonder though how they account for over fitting of the data. Is it a real solution or a statistical anomaly? I ask because it seems that the progress over the last year(s) has been small increments within the 9-10% range.
I'm also worried about this. I believe that Netflix has a separate data set, not used in the previous reports of mean squared error, which validates the $ prize. I also believe that the teams have been use the Netflix-reported squared errors from standard test data to combine their estimates. If so, in a month we're going to learn that the Prize has not actually been won yet.
But I wonder whether the effect of an unknown dataset slowly seeps into the algorithms as they are tweaked, especially when 100s of algorithms are competing to fit that data.
It might be akin to the fact that if you correlate more than 25-30 sets of 25-30 random numbers, you would find at least one statistifcally significant correlation.
Congratulations to the team Bellkor's Pragmatic Chaos. Now if they could only spend some of their time researching how to make a page that doesn't look like it was coded by an 11 year old myspace user.
No, you're right. I can't do what they're doing. However, my talents lie elsewhere so I submit to you that they can't do what I'm doing, so the point really is moot. It would be like complaining that a plumber can't cook as well as a chef.
That being said, HTML is a form of code (even if it is only markup) as it is a structured language and their solution is based off code no doubt, so there really is no excuse.
Haskell wins: http://news.ycombinator.com/item?id=394528