I have just read an interesting post on Tech Digest about a new start-up company called YouNoodle (I am loving the name) which claims it can predict the business successes of the future using artificial intelligence.
The owners have pitched their company in a recent issue of the New York Times with founder Bob Goodson claiming: “YouNoodle.com, might give an edge to venture capitalists and other investors trying to decide whether to sink money into an early-stage company.
“We don’t want to replace investors, we simply believe that industries of comparable size have utilised artificial intelligence to inform decision-making.”
“Give us some information, and we’ll give you some idea of what the company will be worth in five years,”
I am not sure whether I believe artificial intelligence can actually decide whether a company can be a success or not but I do think its a great idea to pull investors in, so they can then decide which company or idea they feel they want to invest in.
A comment on the bottom of a similar article on Tech Crunch made me laugh too – the commenter basically asked if YouNoodle had put itself through its own system. Either way time will tell if this company will be a success – cool name though.