In April 2008 I wrote a post on a new business opportunity. Essentially I was suggesting that the preparation of the MD&A section of SEC disclosures 10-Q and 10-K could be automated with the current technology available.
I have continued to believe that artificial intelligence technology combined with certain technology to curate information would produce automated systems to generate high quality text. The NYT reports in this article that my idea is much closer to reality. A project launched from Northwestern University, Narrative Science, has secured venture funding and ten clients. Narrative Science has a product to mimic human reasoning and produce the resultant text using artificial intelligence.
Wonder if they read my blog in Illinois?
