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Expert System for predictions

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Hello,

 

I have seen a number of software programs that perform predictions.

But, unfortunately they are nowhere near correct predictions. Most of

the programs provide just general descriptions. Is it really

impossible to create a program that works like a real predictor?

 

If you consider the way humans do predictions, we find that it relies

on a complex rule system with interrelated rules. Programs currently

do not interrelate the rules and hence come up with "weird"

predictions that are even contradictory sometimes.

 

However, to me, it does not seem that it will impossble to create an

expert system that does have interrelated rules and can

produce 'balanced' predictions. And the best way to develop it

according to me is to have a open source development in which every

one can contribute. Ofcourse there will be differences in the degree

of effectiveness for predictive rules in the system. But, maybe we

can rely on our knowledgeable Gurus for such factors.

 

Is any organization investing in such an effort?

 

Thanks & Regards,

Manu

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