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Predicting the Future with Social Media

Bibliographic Data

ID23319342
AuthorsSitaram Asur (Hewlett-Packard (United States)), Bernardo A Huberman (0000-0002-6783-0864, Hewlett-Packard (United States))
Year2010
Pages492-499
Publication date2010-08-01
Peer ReviewedYes
Open AccessYes
TypeCONFERENCE
Venue2010 IEEE/WIC/ACM International Conference on Web Intelligence and Intelligent Agent Technology (CONFERENCE)
PublisherIEEE (PUBLISHER)
DOI10.1109/wi-iat.2010.63
OpenAlexW2015186536
LanguageEN
Citations received120
References cited10

In recent years, social media has become ubiquitous and important for social networking and content sharing.And yet, the content that is generated from these websites remains largely untapped.In this paper, we demonstrate how social media content can be used to predict real-world outcomes.In particular, we use the chatter from Twitter.com to forecast box-office revenues for movies.We show that a simple model built from the rate at which tweets are created about particular topics can outperform market-based predictors.We further demonstrate how sentiments extracted from Twitter can be further utilized to improve the forecasting power of social media.

Data science · Social media · World Wide Web · Complex Network Analysis Techniques · Computer Science · Data Stream Mining Techniques · Misinformation and Its Impacts

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Unique citing works120
Citations per year7,5
Citation span2010 - 2025 (16)
Citation velocityrecent
Highly citedYes
Citation typesNeutral: 82

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