by kfc, Technology Review
It wasn’t so long ago that researchers were queuing up to explain Twitter’s extraordinary ability to predict the future. Indeed various researchers reported that social media can reliably predict the stock market, the results of elections and even box office revenues. But in recent months the mood has begun to change. Just a few weeks ago, we discussed new evidence indicating that this kind of social media is not so good at predicting box office revenues after all. Twitter’s predictive crown is clearly slipping.
http://www.technologyreview.com/blog/arxiv/27812/?p1=blogs
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