Protection of Algorithms that Enhance Business

Good business managers are praised for their decision-making ability. However, extraordinary business managers redefine how decisions are made. What separates legendary leaders like Steve Jobs from the crowd is the ability to not only predict future trends but to create them. While to many this ability might seem like sorcery, much of this business acumen is owed more to science than intuition or magic. For instance, business tools like SWOT analyses are basic algorithms that businesses employ to achieve their goals. However, with digitalization, a new form of business tool has emerged in the form of machine learning, artificial intelligence, and the algorithms they employ.

The rise of digital assets like algorithms has created a legal dilemma. While intellectual property rights cover the protection of ideas and concepts, algorithms however are harder to define and protect. The question then is, how can algorithms that enhance business be protected especially if they are not subject to intellectual property protection?

What is an Algorithm

An algorithm can be defined as a set of rules used to solve a problem or complete a specific task.

Digital and computer devices all use algorithms to function and perform tasks. In addition, algorithms are employed to perform complex tasks like high-frequency trading, market analysis, and are the basis for AI, machine learning, and quantum computing.

The idea of automated decision-making dates as far back as 700 B.C. in ancient Greek folktales. Homer coined the term automaton in Iliad, where the goddess Hera rode a fiery golden chariot through the automatic gates of heaven. By the seventeenth century, philosophers had devised a set of logic rules to automatically make a default judgment to settle disputes. The next century birthed automatic industrial machines which became the precursor to modern-day robots. The end of the twentieth century saw the emergence of the algorithmic-information era, where algorithms are now used in precision cases like medical diagnosis and robotic surgery.

Algorithm eminence is best demonstrated when making decisions under uncertainty. They use historical observations and SWOT analysis to choose an action. Instead of re-inventing the wheel, managers can stand on the shoulders of those that came before them and use historical data for each scenario. Going through each scenario would be time-consuming as it requires accounting for all present and future changes. Picture Doctor Strange looking into the future 14,000,605 times to account for every possible showdown between the Avengers and Thanos in the Infinity War movie.

Fortunately, such a daunting task can be easily solved using algorithms. In fact, AI-driven algorithms predict better outcomes as they receive more data. At the same time, machine learning-based algorithms learn or teach themselves with each repetition of a scenario. Meaning, the longer they are in use, the more accurate they become. Instead of diminishing over time, most algorithms appreciate over time and this is why protecting these business assets is so crucial.

Why is Intellectual Protection of Algorithms Important

Algorithms are valuable business assets that warrant protection. In addition, to create an algorithm, it is important, to begin with, the end in mind and work backward to achieve the expected end result. As such, most algorithms require several iterations to achieve the desired effect.

At the same time, the use of supercomputers and bots is becoming more mainstream with each passing day. This rise in adoption is enhancing the need for businesses to safeguard their competitive advantage. However, this would be impossible if the effort is not rewarded or protected. This is the role intellectual property protection plays, without it there would be no incentive to invest in innovation.

Intellectual property protection is what makes the creative process worthwhile for creators. For many inventors, success doesn’t come overnight nor is it achieved effortlessly. Years of practice, trial, and error are invested in the creative process before even considering the financial implications.

What makes this investment in time, effort, and money worthwhile is the idea of reaping some form of financial reward in return for their efforts. In this way, intellectual property protection serves as a form of security for creators and inventors.

Protecting Algorithms that Enhance Business

As a result of expanding digital trade and e-commerce, more areas of the economy are being digitized. As such, algorithms have become the backbone of breakthroughs in artificial intelligence and computer science. New opportunities bring new challenges. New advancements make it difficult for IP law to keep abreast. This results in blanket IP laws that keep revealing built-in loopholes. The Bernstein and Junger court cases even suggest that algorithms are a form of speech.

Copyrights held up well when actual lines of code were the basis of algorithms. Nowadays algorithms can be built by clicking icons or using drag and drop features. Individuality has been taken out of the writing of the source code.

Patent law proves troublesome since patents reward the first winner to cross the finish line. Nowadays algorithms can be written without any human involvement, using self-learning artificial intelligence. If no one is directly involved in creating the algorithm then ownership becomes debatable and it is not clear who should be credited as the creator. To complicate things further, patent law protecting software often stipulates the disclosure of algorithms contained therein. While failing to adequately protect against copycats directly copying the source code or recreating it.

Conclusion

Presently, algorithms do not neatly fit into any existing intellectual property category. As such, to adequately protect these vital business assets creators must employ a proactive approach that utilizes multiple available resources and categories. For instance, businesses using algorithms can issue non-disclosure agreements, and confidentiality letters stipulating that employees, partners, and subcontractors may not share any breakthroughs birthed during business hours, using business resources. Rather than filing a patent, the business should take the trade secret route.

Trade secrets are confidential business information from which the business derives its competitive advantages. A trade secret is something that takes time and resources to develop, is critical to the business, and cannot be reverse-engineered. Algorithms are generally hard to reverse engineer without their source code. The algorithmic trade secret is viable as demonstrated by Coca-Cola and its secret formula, Merchandise 7x.

How to deal with apartment defects: A guide for strata unit owners

Strata units share walls with other strata units, but they also have their own exterior walls where they may build balconies or patios on top of them. When looking to invest in a strata unit or apartment, it is best to get a strata report in Sydney or elsewhere, so that you know what their specific regulations and laws are, and what they allow and disallow on the scheme.

What are the most common defects in apartments and what can you do about them?

Apartments can have many defects including cracks or movement in walls, doors that don’t close properly and issues with plumbing. In order to effectively deal with these problems, it is important to understand the different types of defects and how they can affect your apartment’s value as well as health and safety risks. A common way to do this is through a building inspection in Sydney by a qualified inspector prior to purchasing the property. This should help uncover any major structural deficiencies which might be hidden behind drywall or under flooring such as excess moisture damage leading to mould growth inside wall cavities for example.

Some common defects that apartment could have include:

Plumbing issues.
Electrical problems, or inadequate electrical outlets and lighting can lead to safety risks in the apartment especially for families with small children.
Fireplace not working properly (frequent cleaning of chimney required).

It is important that you sort out these defects before moving into your new home as they could cause health concerns which may be hard to detect until it is too late. It might also cost a lot more money if you find them later on down the track when renovations are necessary. A good way to avoid this headache altogether is by getting an inspection prior to purchasing the property. This gives you peace of mind knowing exactly what condition your investment is in so no nasty surprises come up on a future date.

Strata defects refer to anything that damages or negatively affects your unit’s structural integrity, health and safety, value as a place to live, environment quality and enjoyment, security of tenure (ease of getting out of your lease). Common strata defects include:

Faulty or incomplete construction; leaking roofs, faulty plumbing and electrical wiring etc.
Unapproved building works carried out by previous owners that have a negative impact on the value of a unit as well as surrounding units in the complex (i.e. painting over brickwork).
Building work completed without council consent or any inspections being done to make sure it is safe for use.

A lack of a strata inspection in Sydney is the number one reason for expensive rectification work being needed on units, so it is very important to have an annual or semi-annual check done. There are also some problems that cannot be seen by untrained eyes such as damage caused from leaks which may not show up until later down the track when they’ve already caused more damages. For this reason, all major defects should be prioritized and acted upon immediately before anything gets worse. This includes things like water leakage into your unit from another apartment or any cracks in walls due to shifting foundations with weather changes.

Most importantly you want to make sure that if there are any issues around maintenance found during a building inspection, these need to be addressed before you make a purchase. Knowing that these issues have been already dealt with is a great way to feel confident in your decision and avoid any major future costs.

It’s also important to note that when buying units, there are no guarantees around the quality of fittings or fixtures inside them as this comes under building compliance which changes depending on council requirements at the time of construction. For example, while tiles may be considered standard today, if you were to buy a unit from 20 years ago built before ceramic became popular, it would need replacing immediately thus becoming an unexpected cost for buyers after they have moved in. The best approach here is to make sure all significant items such as flooring, appliances and heating systems look new so you know they won’t become problems later.

How to deal with a leaky toilet or a clogged sink

Leaky toilets and clogged up sinks are some of the most common issues faced by strata unit owners. These can be rectified by a professional plumber or a drainage expert. However, many times these issues arise because the damage has been done by previous owners and they can’t be repaired; instead, they need to be replaced, which is another unexpected cost for new unit buyers.

The best approach here is to completely gut check your bathroom prior to moving in so that you know what kind of shape it’s in before making any decisions on whether you want to put money into fixing/replacing stuff later on down the track when problems come up, even if this means hiring an inspection service.

What is mould and how to get rid of it

Mould is another issue that can cause serious health problems in your home, especially if you have children or elderly people in the household. Mould can make a whole house smell bad and cause several health problems to everyone who lives there.

It is important for owners of strata units to be aware that they need to do what they can in order to prevent mould from growing, but sometimes it is inevitable when humidity levels are too high for extended periods of time. In this case you will want professional help because it requires special cleaning agents which should not be used by homeowners since they might damage other surfaces in their homes instead of removing the actual problem; mould stains on walls and ceilings alike.

How to report defective appliances, plumbing, wiring, leaks, cracks, etc

Reporting defects you find in a strata unit in terms of appliances that don’t work properly, or leaks or cracks in ceilings, walls or flooring is something that needs to be dealt with right away. It is essential for the safety of residents and the building itself. The report should include photographs so that it will serve as proof when you present your case; this way it won’t be possible for them to deny any issues found within the unit.

It might also help if you read up on what rights owners have according to their bylaws regarding defects before reporting them since some complexes are stricter than others which makes a difference in terms of how they deal with repairs and whether or not there can be financial penalties imposed upon tenants who fail to comply under certain circumstances.

Tips for preventing future defects in your strata unit

There are many ways to prevent future strata defects, and it is important to do so since the last thing you want when trying to sell your unit would be for prospective buyers to find out about extensive problems that will cost them a lot of money.

One way in which owners can prevent future defects is by hiring an experienced building inspection service; this will help ensure that there are no serious issues with structural integrity or other similar concerns that could end up costing owners thousands if they aren’t fixed before selling. It is also worth mentioning that sometimes even small repairs like changing light bulbs may need prior approval from the committee depending on the type of fixture involved, so make sure to check what kind of rules apply beforehand in order not to have any unexpected surprises on.

Tips for Choosing Industrial Equipment

Are you planning to buy industrial equipment? Generally, buying industrial equipment is different from buying other supplies such as printed paper and hand soap. While buying machinery, sales are primarily final. Therefore, you will have to be entirely sure about your purchase. You must know what you are buying.

Buying industrial equipment is a significant investment, and you will not want to make a mistake in I industrial equipment such as liquid-filled gauge and Contractor gauge comes expensive. Therefore, you will have to take some consideration while purchasing these items. Let’s read what you should consider before buying industrial equipment.

Create a budget

Before you buy industrial equipment such as Piston snubber, you will have to decide your budget. You will have to decide your budget very carefully. You must avoid going too expensive on your purchase. You must evaluate the equipment very carefully. If you have a limited budget, then go for quality products than expensive products. You must focus on the features of the equipment rather than going for something which you will not need. It will waste your money a lot. For saving your money, you can purchase surplus equipment. By this, you can save a lot of money on the purchase of industrial equipment.

Evaluate the features

When you buy specific equipment such as a Remote Reading thermometer, you must consider features. The products with the latest technology with safety features give you the value of money. Therefore, you must consider purchasing such equipment, which will help to save money in the business. You can think to increase the budget for getting a good quality machine, but you will lose a lot of money purchasing.

Consider the installation and assembly

You must know how to operate a piece of industrial equipment such as a bimetal Thermowell. In addition, you must know assembling the equipment. Mainly large types of machinery get shipped in the parts. Assembling everything can be beyond your experience and expertise. Therefore, before you make any purchase, you will have to find out how to assemble and install.

Affiliate Marketing – How To Create A Presell Affiliate Products Sales Page

One of the strategies that you can use is to create your own affiliate product sales page to improve your income. There are some products that are very good but its sales letter is not good enough. If you direct your customer to the merchant’s lousy sales letter, you might not even get any sales no matter how good the product is. The article will touch on how to create your own affiliate sales page.

You can take all the best parts of the sales copy bits from the merchant’s sales page that you are promoting for. Once you have collected all, you can even add your own sales copy and the end of your page will be the order button which will be linked to your affiliate order link page. When you are using this method, do make sure that you also cover these few areas:

o You must have a good headline to capture attentions. What you can do is have your own swipe file of good headlines that attracts your attention. You can try out the different headlines to find out which headlines works best for you.

o You must develop interest telling a true short story on how this product helps you or the customer that have bought them before. Tell them “what’s in it for them” and list in bullet points the reasons why they must buy this product and the problems that will be solved if they buy the product.

o You should include testimonials and proof in your webpage to increase the customer’s trust in you. One of the sneaky ways to get the testimonials if to get it directly from the merchant’s sales letter.

o You must call to action. Tell them exactly the action that they have to take and do to close the sales.

These are the few things that you must include in your affiliate products sales page. This will ensure that you will be able to effectively presell them the affiliate products and you will have more control compare to if you direct them directly to the merchant’s website, there is no control for you as whether it will makes sales or not will depend on the merchant’s sales letter. I hope that you will find this article useful to you.

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