At the North Caucasus Federal University (NCFU), artificial intelligence (AI) has been developed to predict inflation based on news data. This was reported by the university's press service.
The resulting system helps to make three inflation forecasts: short-term (for a month), medium-term (for a quarter), and long-term (for a year).
To create the model, scientists collected and labeled data, using scripts for automated article collection and manual classification by key parameters. This allowed for the formation of a balanced dataset and helped to avoid bias in the model. The new analysis system demonstrated high classification accuracy - 93%.
Our project has confirmed the effectiveness of using machine learning for economic analysis. In the future, we plan to regularly update the data and use more complex architectures.
In the future, such a system may be useful for business representatives.
Earlier,www1.ru reported that in Moscow a system wasdeveloped to predict stock price growth.
Read more on the topic:
MIPT Taught Artificial Intelligence to Write Prescriptions and Sick Leave Certificates
Will Solve All Tasks, Answer All Questions: A Multipurpose Chatbot Based on AI Developed in Buryatia
The Ministry of Digital Affairs Launched Testing of Generative AI on "Gosuslugi"
Now on home
American F-35A and F-16 fighters took off for a scheduled escort
The roller burnishing process will improve the quality of low-rigidity components and reduce stress in assemblies and units
The aircraft was created in the 90s to replace old Soviet airliners
Navigation in the region is provided by 13 diesel and one nuclear icebreaker of Project 22220
The equipment is manufactured in Lipetsk and is undergoing commissioning
Experts will assess the capabilities of the autonomous cargo system in real-world conditions
China remains the main competitor; Russian companies are holding on due to discounts
The head of Lada Sport, Vladislav Nezvanin, drives a Vesta with a turbocharged engine, although such cars are not mass-produced
The new product from Rostec has already been combat-tested: the Alligator crew demonstrated objective control footage
Flightradar service recorded a mysterious flight of an American aircraft
The enterprise was modernized for the "Avraamiy Zavenyagin" Project 1191