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AI beats Wall Street Experts in predicting Business Sales

An automated machine-learning model developed by MIT researchers significantly outperforms human Wall Street analysts in predicting quarterly business sales.

The model could give an edge to investors, traders, or companies looking to frequently compare their sales with competitors. Beyond finance, the model could help social and political scientists, for example, to study aggregated, anonymous data on public behavior.

News Source: http://news.mit.edu/2019/model-beats-wall-street-forecasts-business-sales-1219

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