Demonstration of Nimbus: Model-based Pricing for Machine Learning in a Data Marketplace

Various domains such as business intelligence and journalism have made many achievements with help of data analytics based on machine learning (ML). While a lot of work has studied how to reduce the cost of training, storing, and deploying ML models, there is little work on eliminating the data collection and purchase cost. Existing data markets provide only simplistic mechanism allowing the sale of fixed datasets with fixed price, which potentially hurts not only ML model availability to buyers with limited budget, but market expansion and thus sellers' revenue as well. In this work, we demonstrate Nimbus, a data market framework for ML model exchange. Instead of pricing data, Nimbus prices ML models directly, which we call model-based pricing (MBP). Through interactive interfaces, the audience can play the role of sellers to vend their own ML models with different price requirements, as well as the role of buyers to purchase ML model instances with different accuracy/budget constraints. We will further demonstrate how much gain of sellers' revenue and buyers' affordability Nimbus can achieve with low runtime cost via both real time and offline results.