If Algorithmia makes a fruitful match, a researcher is paid a fee for the algorithm’s use, and the matchmaker takes a small cut.
The site is currently in a private beta test with users including academics, students, and some businesses, but Oppenheimer says it already has some paying customers and should open to more users in a public test by the end of the year. So when you have a collection of algorithms, you essentially have a collection of problem-solving things,” says Oppenheimer, who previously worked on data-analysis features for the Excel team at Microsoft.
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Etzioni says that many good ideas are essentially wasted in papers presented at computer science conferences and in journals.
“Most of them have an algorithm and software associated with them, and the problem is very few people will find them and almost nobody will use them,” he says.
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