I’m afraid that the only methods I can think up require vast collection of many different types of data, far beyond what I can currently manage myself.
Actually, there are prediction markets. Unfortunately the most useful one, Intrade got closed (maybe the three-letter-agencies felt threatened?) but hopefully there will be others. Oh, far from accurate, don’t get me wrong.
But at least if you wanted to have some kind of starting estimate for something you knew nothing about, you could sometimes find one at Intrade.
I suspect it closed because it wasn’t giving the kind of powerful results necessary to get funding-type attention. I suppose to start off, a prediction agency should predict its own success. :P
Now I’m curious about any self-referential predictions Intrade made...
Well then, I can only assure you that I’m certain such research is being actively conducted. I’m pretty sure the Three-Letter Agencies are very much interested in prediction. Any political organisation is very much interested in prediction. Anyone who plays in the financial markets is very much interested in prediction. So no, it doesn’t look like there are too few resources committed to this problem.
Unfortunately, the problem seems to be really hard.
So, um… go for it?
I’m afraid that the only methods I can think up require vast collection of many different types of data, far beyond what I can currently manage myself.
Actually, there are prediction markets. Unfortunately the most useful one, Intrade got closed (maybe the three-letter-agencies felt threatened?) but hopefully there will be others. Oh, far from accurate, don’t get me wrong.
But at least if you wanted to have some kind of starting estimate for something you knew nothing about, you could sometimes find one at Intrade.
I suspect it closed because it wasn’t giving the kind of powerful results necessary to get funding-type attention. I suppose to start off, a prediction agency should predict its own success. :P
Now I’m curious about any self-referential predictions Intrade made...
Well then, I can only assure you that I’m certain such research is being actively conducted. I’m pretty sure the Three-Letter Agencies are very much interested in prediction. Any political organisation is very much interested in prediction. Anyone who plays in the financial markets is very much interested in prediction. So no, it doesn’t look like there are too few resources committed to this problem.
Unfortunately, the problem seems to be really hard.