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Netflix have offerred a million dollar prize to anyone who could improve their prediction algorithm 10%.

The leaderboard is already showing a 5.58% improvement, this is likely to be one of the best $1 million Netflix ever spent.

Inventor and singularity Evangelist Ray Kurzweil chats on TED illustrating the increasingly exponential evolution of technology, predicting a sharp rise in computing capability, robotics and life expectancy within the next 15 years. He outlines the “shocking ways” we’ll use technology to augment our own capabilities, forever blurring the lines between human and machine