ELI5: Explain Like I'm 5

Hutter Prize

Okay kiddo, have you ever heard of a contest where you can win a prize for doing something really cool? Well, the Hutter Prize is something like that!

The Hutter Prize is a computer science competition where people try to create a program that can predict text really well. They have to give the program some text and then the program has to try to figure out what word comes next!

The competition has been going on for a really long time and started back in 2006. The prize money started out as $50,000, but has grown over the years to $1 million! That's a lot of money, isn't it?

Now, why are they doing this? Well, predicting text is something that's important for a lot of things we do on the internet. For example, when you're typing a message to a friend, your computer might try to guess what you're going to write next! It's sort of like a game of predicting the future, but with words instead of magic!

So, the Hutter Prize is like the ultimate challenge to create the best predictor of text. It's not easy, but it's definitely worth the big prize money!