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Culturomics

This is a discussion on Culturomics within the Prediction Markets News Feeds forums, part of the Forecasting Special Interest Group category; Forecasting large-scale human behavior using global news media tone in time and space Abstract News is increasingly being produced and consumed online, supplanting print and broadcast to represent nearly half ...


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Old 27th September 2011, 03:32 AM   #1
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Post Culturomics

Forecasting large-scale human behavior using global news media tone in time and space




Abstract
News is increasingly being produced and consumed online, supplanting print and broadcast to represent nearly half of the news monitored across the world today by Western intelligence agencies. Recent literature has suggested that computational analysis of large text archives can yield novel insights to the functioning of society, including predicting future economic events. Applying tone and geographic analysis to a 30–year worldwide news archive, global news tone is found to have forecasted the revolutions in Tunisia, Egypt, and Libya, including the removal of Egyptian President Mubarak, predicted the stability of Saudi Arabia (at least through May 2011), estimated Osama Bin Laden’s likely hiding place as a 200–kilometer radius in Northern Pakistan that includes Abbotabad, and offered a new look at the world’s cultural affiliations. Along the way, common assertions about the news, such as “news is becoming more negative” and “American news portrays a U.S.–centric view of the world” are found to have merit.

Culturomics 2.0

 

Technorati Tags: Culturomics,network analysis


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