Friday, November 18, 2011

Crushing the Cost of Predicting the Future -

Crushing the Cost of Predicting the Future -

Gee, I wish I knew how this one would turn out:

" A company called Recorded Future looks at 100,000 Web pages an hour, scanning across 50,000 sources that include everything from Securities and Exchange Commission filings to Twitter comments. The idea is to look for statements about the future, like notice of an annual meeting or predictions about when a product might be released, look at past developments and then create a “temporal index” that suggests trends.

“The Web has come to reflect the world,” says Christopher Ahlberg, the co-founder and chief executive of Recorded Future. “We can use that to predict things.”"

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