2017
DOI: 10.48550/arxiv.1706.06134
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Using Social Media to Predict the Future: A Systematic Literature Review

Abstract: Social media (SM) data provides a vast record of humanity's everyday thoughts, feelings, and actions at a resolution previously unimaginable. Because user behavior on SM is a reflection of events in the real world, researchers have realized they can use SM in order to forecast, making predictions about the future. The advantage of SM data is its relative ease of acquisition, large quantity, and ability to capture socially relevant information, which may be difficult to gather from other data sources. Promising… Show more

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Cited by 10 publications
(10 citation statements)
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References 142 publications
(371 reference statements)
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“…The Potentials of Digital Traces. Web and social media data has been leveraged to 'predict the future' in many areas such as politics, health, and economics (Askitas and Zimmermann, 2015;Phillips et al, 2017). It is also considered as a means for learning about the present, e.g., for gaining insights into human behavior and opinions, such as using search queries to examine agenda-setting effects (Ripberger, 2011), leveraging Instagram to detect drug use (Yang and Luo, 2017), and measure consumer confidence through Twitter (Pasek et al, 2018).…”
Section: Related Workmentioning
confidence: 99%
“…The Potentials of Digital Traces. Web and social media data has been leveraged to 'predict the future' in many areas such as politics, health, and economics (Askitas and Zimmermann, 2015;Phillips et al, 2017). It is also considered as a means for learning about the present, e.g., for gaining insights into human behavior and opinions, such as using search queries to examine agenda-setting effects (Ripberger, 2011), leveraging Instagram to detect drug use (Yang and Luo, 2017), and measure consumer confidence through Twitter (Pasek et al, 2018).…”
Section: Related Workmentioning
confidence: 99%
“…There are several other surveys on societal event predictions. Phillips et al [97] provided a literature review that examines the problems and techniques for predictive analysis using social media data. Recently, Zhao [157] provided a systematic survey of existing data-driven event prediction methods, covering challenges, techniques, applications, evaluations, and open problems.…”
Section: Previous Work and Contributionsmentioning
confidence: 99%
“…Fülöp et al [81] provided a survey and categorization of applications that utilize predictive analytics techniques to perform event processing and detection, while Jiang [105] focused on spatial prediction methods that predict the indices that have spatial dependency. Baklr et al [17] summarized the literature on predicting structural data such as geometric objects and networks, and Arias et al [12] Phillips et al [163], and Yu and Kak [232] all proposed the techniques for predictive analysis using social data.…”
Section: Related Surveysmentioning
confidence: 99%