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The Road to Prediction: Using Unstructured Data

Dataversity

– Prediction is tough and rarely a guarantee. If we were able to predict the future, there would be no Vegas, or at minimum a much poorer version. Weather would cause fewer surprises and the World Series, the Davis Cup, the Stanley Cup, the World Cup, the Super Bowl, despite the not so predictable commercials, and the Daytona 500 would not be nearly as interesting to watch. In the world we live in, there are so many variables, nuisances and unknowns, it is difficult at best, to predict a specific outcome or what the future may hold. If we were able to consistently and accurately predict the future, it would be similar to having tomorrow’s Wall Street Journal, and those with access, would retire rich the day after tomorrow.

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