Predictive Analytics, the ability to correctly predict the future with enough accuracy to be useful.
Essentially, learning is 'predictive analytics'. "Learning to drive a car" is really predicting the future of what will happen when you manipulate a control.
Here some eggheads at Yale talk about how Insurance houses do their own form of predictive analytics to manage risk and maximize profit:
http://academicearth.org/lectures/real-estate-finance
Check out IBM's Watson, solves jeopardy questions faster than some top contestants, it uses predictive analytics to determine the probability of a correct answer to a jeopardy question:
http://www.nytimes.com/2010/06/20/magazine/20Computer-t.html?hp
Tutorials on Data Mining, Probability, and decision trees, cousins of Predictive analytics:
http://www.autonlab.org/tutorials/
Better than Grandmaster Chess algorithms are a form of predictive modeling that beat out humans:
http://www.research.ibm.com/deepblue/home/html/b.shtml
http://www.shredderchess.com/play-chess-online.html
Introspection robot:
http://www.technovelgy.com/ct/Science-Fiction-News.asp?NewsNum=823
Predictive Analytics World 2010 - The New Data Economy featuring Andreas Weigend
http://www.youtube.com/watch?v=l9NsJXiLhEM&feature=related
Thursday, June 17, 2010
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