Wars and viruses: Are robots less prone to market panic?
Predata, applied its machine-learning algorithms to last September’s attacks on Saudi oil facilities, which had raised fears of a regional war.
To predict what might happen next, the programme compares interested parties’ online attention to a subject, with the media coverage it receives, Predata CEO Hazem Dawani said. The Saudi event elicited little reaction from military officials and policymakers.
“The amount of news was far more than the amount of attention being devoted on the particular subject by investors, politicians, companies directly impacted by them,” Dawani said.
He concluded – rightly – that there would be no escalation.