Professor Wins Twitter Mood Predictor Patent
We know researchers are using Twitter to predict and track illnesses. And it can even tell us which places appear to be the most angry (based on large-scale tweet data sentiment analysis), but one professor thinks it can also be used to predict the stock market.
And he just won a patent that brings him one step closer to making this thought a reality.
According to USA Today, Professor Johan Bollen just secured a patent that may allow folks to predict changes in the stock market based on mood.
What Bollen found is that these moody tweets can be used to peer into the near-future, as indicators of what could happen socioeconomically or financially.
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