The Recorded Future Index: 1.5 Billion Facts & Growing
By Chris on August 12, 2011
We reached an exciting milestone last Sunday when around 9:00pm EST the Recorded Future index registered its 1,500,000,000th fact! The hit that put us over the top, a story reporting on the Dalai Lama’s successor, can be seen below:
What exactly is a fact in the Recorded Future system? Without getting too complicated, we consider a fact to be a fragment of text that contains:
- Entity + Time (“Earlier this month Georgia Governor Nathan Deal praised the state’s reputation…”) or;
- Event + Time (“Early legislative elections are scheduled in Morocco for October 7…”).
These facts come from more than 150,000 unique, high-value sources being analyzed in near real time. The source universe includes mainstream media from around the world, news agencies, thousands of blogs, government web sites, NGOs, scientific journals, mentions of the S&P500 on Twitter, SEC filings, corporate conference calls and more.
The result of aggregating information from such a diverse source set results is a truly unique collection of structured knowledge about the world (click for a full size view):
We’re fascinated with the potential content on the web has to teach us about the future of almost any subject and the aggregation of 1.5 billion facts is an exciting moment. Ultimately, it’s another step in reaching our goal of making all that is known about the future of the world available to our users.
If you’re not already, we hope you’ll check out the possibilities by setting up a few free Futures alerts.