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Google Launches a Data Prediction API

Posted by CmdrTaco on from the i-predict-they-launch-something-else-too dept.

databuff writes "Google has released a data prediction API. The service helps users leverage historical data to make predictions that can guide real-time decisions. According to Google, the API can be used for prediction tasks ranging from product recommendations to churn analysis (predicting which customers are likely to switch to another provider). The API involves three simple steps: upload the data, train the model, then generate predictions. The API is currently available on an invitation-only basis." Google also recently announced several other API additions, including Buzz, Fonts, and Storage.

4 of 70 comments (clear)

  1. well? by snmpkid · · Score: 0, Insightful

    Does it use users Wifi sniffer captures to aid in this prediction?

  2. I Predict ... by WrongSizeGlass · · Score: 2, Insightful

    ... that Google will do their own analysis on your data. They're nothing if not thorough.

  3. Re:Psychohistory ? by S-100 · · Score: 2, Insightful

    Like I heard a seasoned stock trader once say: "Technical analysis works great, until it doesn't".

  4. Re:Data mining certainly not worthless by JayJayEm · · Score: 2, Insightful

    OK - I'll admit it - I did engage in a little bit of hyperbole.

    But you have to admit that "at best worthless" has a better ring to it than "at best, when combined with a qualitative analysis of the model itself, and some testing with out of sample data, can be a useful tool in decision making".

    You are right that no investment bank will go anywhere near this.