MBA Preparation 9 – IBM – Financial Analyst – New York – 2009

Netflix, you made a BIG mistake. Since this change in ratings, your recommendations suggest that I’m more likely to substantially dislike every single movie than it did prior to the change. Because of that, you just spent $1 million for people like me to NOT want to rent more movies. GREAT JOB!

Box office boffo for brainiacs: The Netflix Prize
How To Recommend Movies (and Win $1 million)
It was like the machine learning world’s version of “American Idol” Monday in New York: A seven-man multinational group dubbed BellKor’s Pragmatic Chaos was awarded $1 million by Netflix (NFLX) CEO Reed Hastings as the winners of the Netflix Prize. Cooked up three years ago by Hastings, the Netflix Prize challenged all comers to improve the recommendation technology used by the online movie rental company by 10%.

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