ⓘ TechCast Project


ⓘ TechCast Project

The TechCast Project uses collective intelligence to forecast emerging technologies, social trends and wild cards for planners and decision makers. Founded at George Washington University years ago, their website pools background data and the knowledge of 130 experts worldwide to forecast breakthroughs in all fields and to assess their economic and social impact. Results are subscribed to corporations, governments, and the public around the globe.

The system of forecasting techcast was developed by Professor William E. Halal and his associates at George Washington University and George Mason University. An earlier version called "the GW Forecast" was conducted by mail, but the online version has been operating since 1998. Researchers techcast editors scan the literature and media, government interviews, and to draw on other sources to identify trends and background data on approximately 100 predictions covering the entire strategic landscape. These data are compiled for use in assessments 130 plus technology officers, scientists and engineers, scientists and other experts to estimate the most likely year each breakthrough will occur, the potential economic demand, social influence, and confidence of professionals.

Techcast is somewhat unusual in that it is trying to bring to forecasting at the level of global Advisory service, which provides authoritative forecasts covering all sections and is updated in real time. Forecasts are also checked annually by comparing their actual income during the last 20 years, shows that the results are accurate within /- 3 years. The research method is quite General, so it can be used to predict almost anything, and the process enhances understanding.

The project was recognized as possibly the best forecasting system in the world. The us National Academy cited him as one of the three available systems. He was awarded first prize in AOL competition for creative studies, and was shown in the newspaper the Washington Post, Newsweek, futurist, and scientific publications. The experts conducted individual research for Federal agencies in the United States, Corning, AMD, Asian development Bank, Saudi Arabia, Korea, Singapore, and Kuala Lumpur.

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