I believe this is the paper that started it all: Bartók 2010 http://journals.aps.org/prl/abstract/10.1103/PhysRevLett.104...
The goal was to remove translational, rotational, and permutative degrees of freedom (DOF) from a collection of atoms, something I had been attempting unsuccessfully on my own for a while. The radial distribution function has traditionally been used a lot in MD, but it only captures a small portion of the total degrees of freedom for a collection of atoms (which is also the reason it's difficult to develop structural molecular models from neutron scattering data alone). The bispectrum on the other hand captures almost all of the DOF in a way that removes the angular dependence. It's ingenious really. It describes the probability distribution of atoms as a projection onto the surface of a 4D sphere, and the locations of the atoms are given by 4D spherical harmonic basis functions. New configurations are then smoothly interpolated from DFT calculations. This even includes the effect of electron correlation in MD! (Well, so far as the functional used in DFT is successful at that task).
The funny thing is that the concept of the bispectrum has been around for a very long time. The Bartók paper cites a 1991 paper on its usage for signal processing. It's always interesting to me how useful cross-discipline research is.