What is FUTURESEARCH and what does it do?
FUTURESEARCH is an AI-powered tool developed specifically for geopolitical risk professionals. It empowers users to perform comprehensive risk analysis and forecasting on various geopolitical scenarios. FUTURESEARCH operates using a five-stage workflow. First, it provides a scenario search from its extensive question repository or enables users to provide their own. It then analyzes past instances that pertain to each scenario, incorporating them into its statistical models. FUTURESEARCH next conducts contemporary research, consuming information from various sources like news, industry analyses, and government reports. Employing this gathered data, it constructs future simulations that predict probabilities and outcomes of geopolitical events. Finally, it aids in efficient risk management report productions.
What makes FUTURESEARCH different from other tools?
FUTURESEARCH differentiates itself by blending applied history with AI to predict near-term geopolitical events. Its algorithms and models are crafted to accommodate large or numerous scenarios and conduct exhaustive research. It also provides regular updates and forecasts based on globally sourced news. The implementation of AI and applied history enables FUTURESEARCH to outperform most veteran human forecasters.
Who are the target users of FUTURESEARCH?
FUTURESEARCH is specifically designed for geopolitical risk professionals who need to perform risk analyses and forecasting on geopolitical scenarios. It can be an extremely valuable tool for these professionals as it allows deep research, predictive modeling, realtime updates, and efficient report production.
What is the five-stage workflow of FUTURESEARCH?
The five-stage workflow of FUTURESEARCH includes searching scenarios either from FUTURESEARCH's question repository or using user-input scenarios. It then used past instances to analogize the past and build it into statistical models. From there, present-time research is conducted by collating information from various sources. Using such data, it simulates future outcomes and probabilities of geopolitical events. Finally, it allows the creation of a Risk Management report by selecting the desired research, models, and deductions.
How does FUTURESEARCH analyze and forecast geopolitical scenarios?
FUTURESEARCH analyses and forecasts geopolitical scenarios in a multi-stage process. It first sources scenario-bound questions either from its repository or users. It then identifies historical analogues of each scenario, their outcomes, and integrates these findings into statistical models. FUTURESEARCH also compiles current events and information from news, industry analyses, government reports, and even foreign language sources for the most accurate portrayal of real-world scenarios. Data compiled is then used to conduct future simulations that provide deterministic and probabilistic outcomes and daily updates on forecasts.
What are the sources of data for FUTURESEARCH?
FUTURESEARCH extracts data from various sources to provide insightful analysis and predictions. These sources include news, industry reports, government reports, and even foreign language resources. This wide range of sources ensures comprehensive real-time research and accurate forecasting.
Can I input my own scenarios in FUTURESEARCH?
Yes, with FUTURESEARCH, users can input their own scenarios. This feature enables the tool to cater to the specific and unique needs of each user, making it customizable and flexible.
How does FUTURESEARCH create future simulations?
Using the data it collates from various sources, FUTURESEARCH conducts future simulations. It generates deterministic dates, numbers, and probabilistic outcomes of geopolitical events. These simulations serve to predict and anticipate potential scenarios based on the analyzed data and trends.
What does the Risk Management report of FUTURESEARCH include?
The Risk Management report in FUTURESEARCH includes all the desired research, models, and deductions chosen by the user. It's essentially a summarised document of the potential risks, simulated scenarios, and expected outcomes of certain geopolitical conditions. This report enables users to make informed, data-driven decisions.
Can FUTURESEARCH handle multiple scenarios simultaneously?
Yes, FUTURESEARCH is designed with the capability to handle large or multiple scenarios simultaneously. Its algorithms and models are developed to scale up, allowing it to manage and forecast for a range of scenarios at once without compromising on the level of detail or accuracy.
How often does FUTURESEARCH update its forecasts?
FUTURESEARCH provides daily updates and forecasts. This high-frequency update schedule ensures that the tool offers the latest data for geopolitical risk analysis, empowering users with up-to-date information to make informed decisions.
What is the advantage of combining applied history with AI in FUTURESEARCH?
By combining AI with applied history, FUTURESEARCH leverages the learning from historical events to anticipate future outcomes. This unique blend gives it an edge over other tools, resulting in a more nuanced and accurate perspective when forecasting geopolitical events. This confluence significantly enhances the analytical capability, providing more comprehensive and accurate forecasts.
How does FUTURESEARCH perform compared to human forecasters?
FUTURESEARCH has been shown to outperform most veteran human forecasters in predicting near-term geopolitical events. It harnesses the computational power of AI combined with the patterns derived from historical data to give remarkably accurate predictions.
Who are the founders and team behind FUTURESEARCH?
FUTURESEARCH was founded by a team of experienced professionals in the field of AI and forecasting. The team includes Stanford University alumnus Dan Schwarz who serves as the Co-founder and CEO, Lawrence Phillips with a MSc from Imperial College London as the Co-founder & CTO, Peter MΓΌhlbacher, a Founding Research Scientist, and Daniel Hnyk, the Founding Software Engineer. Peter Scoblic, a Harvard Business School graduate, also serves as an Advisor to the team.
How can I request a demo of FUTURESEARCH?
A demo of FUTURESEARCH can be requested directly from their official website. It is as simple as clicking on the Request Demo button and filling up the form.
What is the significance of the 'geopolitical analysis AI forecaster' feature of FUTURESEARCH?
The geopolitical analysis AI forecaster feature of FUTURESEARCH signifies the tool's core functionality of utilizing AI to precisely forecast geopolitical circumstances. This characteristic facilitates users to not only analyze but also predict potential outcomes, hence enabling preemptive actions or plans.
How does FUTURESEARCH collect and analyze news?
FUTURESEARCH gathers news from an assortment of resources, including government reports and industry analysis. It utilizes AI algorithms to comprehend and analyze the news content, extract important details, and incorporate this real-time information into its comprehensive geopolitical scenario forecasts.
What do the statistical models of FUTURESEARCH comprise of?
FUTURESEARCH employs statistical models built around past instances relevant to each scenario. The AI identifies historical parallels for each scenario, investigates their outcomes, and integrates these findings into the models. These models form an integral part of the tool's predictive capability as they are used to perform future simulations projecting outcomes of geopolitical events.
Is FUTURESEARCH also available in languages other than English?
IDK
How does FUTURESEARCH allow scenario scaling?
FUTURESEARCH provides a feature to scale the scenarios. This means users can consider dozens or even hundreds of scenarios for their business at once. The tool is designed to accommodate these large-scale analyses and provide deep, comprehensive research for every scenario.