1) This is by Schmidhuber so take it with an extra grain of salt
2) The experiments were on toy datasets. There is a reason they did not do this on a real dataset.
It being from Schmidhuber's lab makes it dramatically more credible, in my views. They've been practically a decade ahead of everybody for ages now from a theoretical point of view.
Agreed. I'd go as far as to put Schmidhuber and his lab above the laureates.
> This is by Schmidhuber so take it with an extra grain of salt