databuff writes "Last week, Sydney's Minister of Roads, David Borger, launched a $10,000 competition to develop an algorithm that predicts commute times on a major Sydney freeway. The winning algorithm will be used to power predictions on the Sydney live traffic website. The hope is that the predictions will help commuters make informed decisions about when to travel and on what routes, lowering the intensity of peak hour traffic. In its first week, the competition attracted entries from more than 50 teams and 19 countries."
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