Edd Gent at the BBC: “…There are already promising examples of how AI can help us better pool our unique capabilities. San Francisco start-up Unanimous AI has built an online platform that helps guide group decisions. They’ve looked to an unlikely place to guide their AI: the way honeybees make collective decisions.
“We went back to basics and said, ‘How does nature amplify the intelligence of groups?’,” says CEO Louis Rosenberg. “What nature does is form real-time systems, where the groups are interacting all at once together with feedback loops. So, they’re pushing and pulling on each other as a system, and converging on the best possible combination of their knowledge, wisdom, insight and intuition.”
Their Swarm AI platform presents groups with a question and places potential answers in different corners of their screen. Users control a virtual magnet with their mouse and engage in a tug of war to drag an ice hockey puck to the answer they think is correct. The system’s algorithm analyses how each user interacts with the puck – for instance, how much conviction they drag it with or how quickly they waver when they’re in the minority – and uses this information to determine where the puck moves. That creates feedback loops in which each user is influenced by the choice and conviction of the others allowing the puck to end up at the answer best reflecting the collective wisdom of the group.
Several academic papers and high-profile clients who use the product back up the effectiveness of the Swarm AI platform. In one recent study, a group of traders were asked to forecast the weekly movement of several key stock market indices by trying to drag the puck to one of four answers — up or down by more than 4%, or up and down by less than 4%. With the tool, they boosted their accuracy by 36%.
Credit Suisse has used the platform to help investors forecast the performance of Asian markets; Disney has used it to predict the success of TV shows; and Unanimous has even partnered with Stanford Medical School to boost doctors’ ability to diagnose pneumonia from chest X-rays by 33%….(More)”
See also: Where and when AI and CI meet: exploring the intersection of artificial and collective intelligence towards the goal of innovating how we govern and Identifying Citizens’ Needs by Combining Artificial Intelligence (AI) and Collective Intelligence (CI).