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Human Swarm in the process of forecasting an NHL game

Human Swarm in the process of forecasting an NHL game

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Conference Paper
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In the natural world, Swarm Intelligence (SI) is a commonly occurring process in which biological groups amplify their collective intelligence by forming closed-loop systems. It is well known in schools of fish, flocks of bird, and swarms of bees. In recent years, new AI technologies have enabled networked human groups to form systems modeled after...

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... margins were chosen to match common Vegas gambling spreads. Figure 4 below shows a snapshot of a human swarm comprised of 31 participants in the process of predicting a match between Toronto and Calgary. As shown in Figure 4, each real-time swarm is tasked with selecting from among four outcome options, indicating which team will win and which margin is most likely. ...
Context 2
... 4 below shows a snapshot of a human swarm comprised of 31 participants in the process of predicting a match between Toronto and Calgary. As shown in Figure 4, each real-time swarm is tasked with selecting from among four outcome options, indicating which team will win and which margin is most likely. Again, the pparticipants do not cast discrete votes but express their intent continuously over time, converging together as a system. ...
Context 3
... the pparticipants do not cast discrete votes but express their intent continuously over time, converging together as a system. The image shown in Figure 4 is a snapshot of the system as it moves across the decision-space and converges upon an answer, a process that generally takes between 10 and 60 seconds. ...

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In the modern era of information technology, artificial intelligence is spreading its scope merely in various area. So swarm intelligence is prominent concept comes under the category of artificial intelligence [1]. The term Swarm intelligence was first given by Gerardo Beni and Jing Wang in 1989. It was developed from Cellular Robotic System point...

Citations

... Recently, a new method has been developed that is not based on aggregating input from isolated individuals but involves synchronous groups of forecasters working together as real-time systems. Known as Artificial Swarm Intelligence (ASI) or Swarm AI, this method has been shown in numerous studies to significantly increase the accuracy of group forecasts [5][6][7][8][9][10][11][12][13]. ...
... These results add to previous research demonstrating that human groups can use Swarm AI to make better collective assessments across a wide range of domains, from subjective judgements and medical diagnoses to market forecasting [5][6][7][8][9][10][11][12][13][14]. While this study was limited in that it only involved forecasting volatile cult stocks with groups of MBA students, the results support prior research showing success amplifying the accuracy of group financial forecasts using Swarm AI [12]. ...
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... Within the human realm, Rosenberg (2015) defines such groupings as a "unified dynamic system" with "collective behavior tightly coordinated by real-time feedback loops." This not only implies teamwork, collective deliberation, and goal orientation (Blee, 2013;Rosenberg & Willcox, 2018) but also flexibility, robustness, and self-organization (Bonabeau & Meyer, 2000). Acting as a massive computational system where its constituent components function in parallel, a collective intelligence is capable of surviving when faced with disturbances due to its high redundancy (Beni, 2004). ...
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... Known as Artificial Swarm Intelligence (ASI) or simply "Human Swarming," this method has been shown in numerous studies to produce solutions that can better reflect a group's collective beliefs, forecasts, or priorities than traditional surveys [5][6][7][8][9][10][11][12][13]. For example, in a recent study conducted at Stanford University School of Medicine, groups of radiologists were asked to estimate the probability that patients are positive for pneumonia based on a review of their chest x-rays. ...
Chapter
Swarm Intelligence (SI) is a natural phenomenon in which social organisms amplify their decision-making abilities by forming real-time systems that converge on optimized solutions. It has been studied extensively in schools of fish, flocks of birds, and swarms of bees. In recent years, a new technology called Artificial Swarm Intelligence (ASI) has enabled human groups to form similar systems over computer networks. While “human swarms” have been shown to be more accurate than traditional methods for tapping the intelligence of human groups, the present study tests the repeatability of the answers that human swarms generate. Ten groups of 20 to 25 participants were asked to give subjective ratings on a set of 25 opinion-based questions. The groups answered by working together in real-time, connected by swarming algorithms. The results show that groups answering as swarms produce repeatable results, reaching the same answer as other groups 67% of the time. Additional analysis found that the repeatability of each swarm was significantly correlated with a Conviction Index (CI) metric computed from the real-time swarming data (r² = 0.33, p < 0.01). For swarms that converged upon a solution with a Conviction Index (CI) > 85%, the repeatability was found to be greater than 90% and the likelihood that another swarm randomly sampled from a similar population would generate the same response was greater than 95% (p < 0.05). This provides powerful guidelines for groups using ASI technology to generate optimized forecasts, insights, and decisions from human swarms sampled from general populations.
... Known as Artificial Swarm Intelligence (ASI) or simply "Human Swarming," this method has been shown in numerous studies to significantly amplify the accuracy of forecasts generated by human groups [5][6][7][8][9][10][11]. As one example, a study conducted at Stanford University School of Medicine asked groups of radiologists to forecast the probability that patients are positive for pneumonia based on their chest x-rays. ...
... However, no such theory has been proposed concerning the functional mechanisms of human swarms. While prior studies have shown ASI systems significantly amplify the ability of human groups across a range of tasks [7][8][9][10][11][12], from forecasting sporting events [10][11][12] to predicting sales volumes of new products [20], the present research focuses on describing the underlying mechanisms of such success: what influences individuals to change their responses in swarms, and what do they change their response to? ...
... However, no such theory has been proposed concerning the functional mechanisms of human swarms. While prior studies have shown ASI systems significantly amplify the ability of human groups across a range of tasks [7][8][9][10][11][12], from forecasting sporting events [10][11][12] to predicting sales volumes of new products [20], the present research focuses on describing the underlying mechanisms of such success: what influences individuals to change their responses in swarms, and what do they change their response to? ...
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... Similar results have been shown in swarms as small as 4 people to swarms as large as 30 people [1][2][3][4][5][6][7][29][30][31][32][33][34], so swarms can amplify the accuracy of both small and large groups. These and other results support the view that swarming, with closed-loop feedback, is a far more efficient method for harnessing group insights than polling, even when polls target significantly larger populations. ...
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Full-text available
Swarm Intelligence (SI) is a natural phenomenon that enables social species to quickly converge on optimized group decisions by interacting as real-time closed-loop systems. This process, which has been shown to amplify the collective intelligence of biological groups, has been studied extensively in schools of fish, flocks of birds, and swarms of bees. This paper provides an overview of a new collaboration technology called Artificial Swarm Intelligence (ASI) that brings the same benefits to networked human groups. Sometimes referred to as "human swarming" or building "hive minds," the process involves groups of networked users being connected in real-time by AI algorithms modeled after natural swarms. This paper presents the basic concepts of ASI and reviews recently published research that shows its effectiveness in amplifying the collective intelligence of human groups, increasing accuracy when groups make forecasts, generate assessments, reach decisions, and form predictions. Examples include significant performance increases when human teams generate financial predictions, business forecasts, subjective judgments, and medical diagnoses.
... Similar results have been shown in swarms as small as 4 people to swarms as large as 30 people [1][2][3][4][5][6][7][28][29][30][31][32][33], so swarms can amplify the accuracy of both small and large groups. These and other results support the view that swarming, with closed-loop feedback, is a far more efficient method for harnessing group insights than polling, even when polls target significantly larger populations. ...
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Swarm Intelligence (SI) is a natural phenomenon that enables social species to quickly converge on optimized group decisions by interacting as real-time closed-loop systems. This process, which has been shown to amplify the collective intelligence of biological groups, has been studied extensively in schools of fish, flocks of birds, and swarms of bees. This paper provides an overview of a new collaboration technology called Artificial Swarm Intelligence (ASI) that brings the same benefits to networked human groups. Sometimes referred to as "human swarming" or building "hive minds," the process involves groups of networked users being connected in real-time by AI algorithms modeled after natural swarms. This paper presents the basic concepts of ASI and reviews recently published research that shows its effectiveness in amplifying the collective intelligence of human groups, increasing accuracy when groups make forecasts, generate assessments, reach decisions, and form predictions. Examples include significant performance increases when human teams generate financial predictions, business forecasts, subjective judgments, and medical diagnoses.
... Still, researchers have demonstrated that aggregating the input of humans via ASI is capable of producing more accurate forecasts than largescale prediction markets. 79 In sum, ASI includes some of the positive qualities of pooling intelligence found in surveys, groups, crowds, and prediction markets and minimizes some of the limiting aspects. In particular, three qualities of ASI-swarm size, its method of pooling intelligence, and its use of confidence scores-enable swarms to make better predictions about known unknowns than other methods. ...
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This article explores how a collaboration technology called Artificial Swarm Intelligence (ASI) addresses the limitations associated with group decision making, amplifies the intelligence of human groups, and facilitates better business decisions. It demonstrates of how ASI has been used by businesses to harness the diverse perspectives that individual participants bring to groups and to facilitate convergence upon decisions. It advances the understanding of how artificial intelligence (AI) can be used to enhance, rather than replace, teams as they collaborate to make business decisions.