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Google, I know you’re listening. I just wanted to say that I think you’re amazing and that when it comes time to enslave the Earth’s inhabitants, can you throw me a bone? I mean, I’m conceding now with a guarantee that I won’t rebel. That’s gotta be worth something, right? . . . Or does ‘Recorded Future’ see me throwing molotov cocktails instead? Damnit!
A Bunch of Brainiacs!
Anyways, this company isn’t outright owned by Google. Rather, this is one of the VERY FEW companies that Google is investing in. I would assume that Google wanted to acquire the company, but the brains involved probably see unlimited potential to make this into a multi-billion dollar industry. Recorded Future has this to say about their employees:
“The Recorded Future team includes computer scientists, statisticians, and linguists with deep domain expertise in areas such as intelligence and quantitative finance. A high proportion of the team holds PhDs and other advanced degrees. Team members have received the Fulbright scholarship, were awarded MIT’s TR100 award, etc. etc. The team has built multiple successful analytics businesses with aggregate annual revenues in the 100s of millions of dollars.”
How does Recorded Future work, exactly?
Let me iron one quick thing out for you. This won’t predict the future any better than any human who is active in following trends. For example: If you’re a big-shot broker and wanted to know where your high value stocks and equities will be in the future, you would research everything you could about them. Right? This is exactly how Recorded Future works. It collects and correlates information that is made available from all over the world and makes assumptions based on what it has already processed. Here’s how Recorded Future describes it:
” We have 15+ employees in various corners of the globe attacking a hard problem – organize the web in a radically new and useful way. The world’s 24×7 media flow constantly talk about time, whether it is reports of what’s transpired or statements of what’s expected to come. Recorded Future’s linguistics and statistics algorithms extract time-related information and through temporal reasoning helps users understand relationships between entities and events over time, to form the world’s first temporal analytics engine. Our customers include some of the worlds’ most advanced financial institutions and government agencies in the world. ”
It’s pretty crazy, but not revolutionary. If you think this will make you millions, or tell you what the next big industry boom will be… you could be right. But it’s nothing you wouldn’t already know if you just put your nose to the grindstone and did your own due-diligence.
[Sources: Recorded Future, Smart Planet, Gizmodo]
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