Futuresearch

What is Futuresearch?

Futuresearch is a really smart AI tool built specifically for people who work with geopolitical risks. It helps them dig deep into different geopolitical situations and predict what might happen next. It is a five-step process: first, it finds scenarios, then it looks at similar past events, does current research, builds simulations for the future, and finally, helps you put together reports for managing those risks. What’s cool is that it actually does better than human forecasters! It combines historical knowledge with AI to predict upcoming geopolitical events, and it keeps you updated with daily forecasts based on news from all over the world. You can even feed it your own scenarios. It pulls information from all sorts of places – news articles, industry reports, government documents – to analyze and predict. The team behind Futuresearch? They’re pros with solid experience in AI, forecasting, and all things related.

Who created Futuresearch?

Futuresearch was brought to life by a team of experts in AI and forecasting. The company itself was founded by Dan Schwarz, Lawrence Phillips, Peter Mühlbacher, and Daniel Hnyk. Dan Schwarz, who’s an alumnus of Stanford University, is the Co-founder and CEO. Futuresearch officially launched on March 20, 2024, and its main focus is on creating AI tools that help analyze and forecast geopolitical risks.

What is Futuresearch used for?

• Geopolitical Risk Profiling: Get a clear picture of potential risks.
• Scenario-based Analysis: Explore different “what if” situations.
• Comprehensive Question Repository: Access a wide range of relevant questions.
• User Input for Scenarios: You can add your own specific scenarios to analyze.
• Past Instance Analysis: Learn from historical events similar to your scenario.
• Statistical Modelling: Build data-driven models for predictions.
• Real-time Research: Get up-to-date information as it happens.
• Multiple Source Data Collation: It gathers info from many different places.
• Future Simulations: Create models of how events might unfold.
• Risk Management Report Generation: Produce reports to help make smart decisions.
• Predicting Probabilities and Outcomes: Understand the likelihood of different results.
• Applied History Integration: Uses historical context to inform forecasts.
• Daily Updates and Forecasting: Receive regular new insights and predictions.
• Identifying Best Historical Analogs: Finds the most relevant past events.
• Accelerating Production Processes: Speeds up how you create your analysis.
• Outperforming Human Forecasters: Offers more accurate predictions than many people.
• Scaleable for Multiple Scenarios: Can handle analyzing many different situations at once.

Who is Futuresearch for?

• Professionals who focus on geopolitical risks.

How to use Futuresearch?

Using Futuresearch is pretty straightforward. Here’s how you can get started:

1. First off, you’ll want to access the tool itself, which is designed with geopolitical risk professionals in mind.
2. Then, dive into its five-stage workflow. You can either pick a scenario from the tool’s existing library or, even better, input your own specific scenario to analyze.
3. Next, let Futuresearch do its thing by analyzing past events that are similar to your scenario. This helps it build solid statistical models.
4. After that, it’s time for contemporary research. The tool will gather information from various sources like the latest news, detailed industry analyses, and official government reports.
5. With all that gathered data, you can then use it to simulate future geopolitical events and get predictions on probabilities and potential outcomes.
6. Once you have your analysis, you can generate risk management reports. These reports are super helpful for making well-informed decisions.
7. You’ll really benefit from its unique mix of AI and applied history – it’s what helps it make more accurate forecasts than human forecasters often can.
8. If you want to get a closer look at everything it can do, don’t hesitate to request a demo directly from their official website.

Futuresearch really stands out with features like scenario-based analysis, a huge repository of questions to guide your research, real-time data gathering, pulling information from multiple sources, and creating future simulations for your risk management reports. Plus, it consistently beats human forecasters and provides daily updates and forecasts based on news from around the globe.