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ICTAS Black Swan Seminar Series
(Seminar/Conference)
Big Data Forecasting
With: Anil Vullikanti, Dhruv Batra, Devi Parikh (with Naren Ramakrishnan by phone)
The capability to forecast the future has long been a dream of mankind. With the recent availability of significant computational power and data storage capabilities, there exists the potential to use "big data" as a lever toward tracking trends and making forecasts for critical societal events, including civil unrest, elections, disease outbreaks, and criminal activities. Numerical, semantic and image data can be assessed toward achieving such foresights. Early research by Virginia Tech has proven the ability to forecast events with quantifiable accuracy a few days or weeks before they occur. But how far can we push such forecasting? What societal implications are wrought when longer term forecasting becomes feasible? This Gen2.0 Black Swan panel session brings experts together for an open dialogue about the promises and current limitations of big data forecasting. In particular, we will address a stretch goal to catalyze discussions around this exciting area: can we forecast critical societal events into the near to far future (1 to 5+ years out)?
More information...
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540-231-9720