AI forecasting startups predict the future
AI-driven forecasting startups are increasingly matching or outperforming human experts in predicting market, political, and cultural outcomes. These tools are gaining traction in government and finance, though experts warn of potential risks regarding global access and security.
Why it matters
The rise of AI superforecasting could fundamentally change how institutional decisions are made, potentially rendering traditional expert analysis obsolete.
The most advanced models can also formulate their own questions about the future.
Listen Summarise Startups are using AI to make future forecasts on markets, politics and culture, and some models now match or beat top human “superforecasters”. AI prediction tools have won competitions and helped users make big gains, while firms say they are already affecting trading and may soon dominate prediction markets. The technology is spreading into government, business, science and insurance, but experts warn that wider access could raise risks if countries like Russia or China build better systems. AI generated
NEW YORK – Several start-ups are betting that they can leverage artificial intelligence to make better forecasts than even the most specialised experts when it comes to topics as varied as stock market movements, the reopening of the Strait of Hormuz or how a Shakira song will perform on music charts.
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