Forecasting plays a critical role in global decision-making. For example, forecasts about the spread of COVID-19 informed national lockdowns and economic forecasts influence how interest rates are set. These predictions generally rely on the careful judgment of human experts that must consider data from a variety of sources. Since AI systems are able to process large volumes of data, they can potentially be very useful in this domain.
We want to encourage the development of open source AI forecasting tools and methods because we think that the improvements they could make to decision-making would have far-reaching positive effects on the world.
The objective of the competition is to build a machine learning model that makes accurate and calibrated forecasts.
The questions are taken from forecasting tournaments such as Metaculus, Good Judgment Open, and CSET Foretell and can be true/false, multiple choice, or involve predicting a numerical quantity or date. They tend to be about topics of broad public interest and have clear resolution criteria. For example: “Who will win the 2022 presidential election in the Philippines?”
The competition will have multiple rounds: a warm-up round followed by future rounds.
The following prizes will be awarded after the warm-up round ends on Jun 16th 2023:
- 🥇 1st place: $100,000
- 🥈 2nd place: $20,000
- 🥉 3rd place: $5,000
We reserve the right to extend the deadline and integrate this
round into a NeurIPS competition.
More details will be announced soon.
Warm-up round Submissions open: Sep 14th, 2022.
Warm-up round Submissions ends: Jun 16th, 2023.
Future rounds: TBD