The power of prediction with social media

Topic 

The power of prediction with social media

Instructions 

Write an analysis on the article ‘The power of prediction with social media’.

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The authors provide that predicting future developments and events is one of the most significant and interesting things that are done using social media data. This has been witnessed in different areas such as areas of market demand, healthcare, politics, entertainment, and finance among other areas. The article further acknowledges numerous issues that are experienced when trying to come up with accurate predictions from the social media data and which complicates the process of making a future prediction of events and developments (Schoen et al., 2013). However, the article provides that notwithstanding these challenges, social media data in a reliable source of information that can be used to predict future developments or events.

Word Count: 550