A new online search tool has the ability to predict the future based on information it collects on the internet.
Recorded Future, a US start-up, has developed the tool which compiles real-time online data and gives out hints of what will take place in the future. It is being used by companies to calculate financial and analytical data.
“We continually scan thousands of news publications, blogs, niche sources, trade publications, government websites, financial databases and more,” according to the company’s website.
The search tool then delivers the results on a future/past timeline after extracting text based on events that have occurred and “powerful visualisation tools allow you to quickly see temporal patterns, or link networks of related information”.
In practice, the service is used mainly for financial, marketing and branding, intelligence analysis and legal searches to unlock temporal and predictive analytics.