MIT researchers use AI to predict the next big things in tech

  • “The team used a new probability-based algorithm, machine learning, natural language processing, and patent network analytics to predict the performance improvement rates of different technologies.
  • The improvement rates varied from 2% per year…to 216% per annum for ‘Dynamic information exchange and support systems integrating multiple channels.’
  • On average, technology improvements were forecast at a rate of 19% per annum.”

https://www.google.com/amp/s/thenextweb.com/news/mit-research-predicts-technology-improvement-rates-from-us-patent-system/amp

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