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Market
What will be the highest accuracy achieved by any AI-driven weather model by end of 2024?
2
Resolution / Starting Odds
85% or less • 25%
86% to 90% • 25%
91% to 95% • 25%
More than 95% • 25%
Published research papers or official statements from AI research institutions
Story
AI Revolutionizes Weather Forecasting with Enhanced Accuracy and Cost-Effectiveness
Aug 5, 2024, 12:54 PM
Artificial Intelligence (AI) is significantly transforming weather forecasting. Researchers from the University of Calcutta have utilized AI to enhance weather prediction accuracy by up to 85%, aiding farmers in optimizing crop selection and reducing losses from extreme weather by 30%. Additionally, a new AI-driven weather model developed by Google researchers combines traditional methods for major changes and AI for finer details like cloud formations, requiring less computational power. This innovative approach achieves results comparable to the best existing models, showcasing AI's potential in improving cost-effectiveness and precision in weather forecasting.
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Similar markets
Less than 10% • 25%
10% to 20% • 25%
20% to 30% • 25%
More than 30% • 25%
Middle East • 25%
North America • 25%
Europe • 25%
Asia-Pacific • 25%
Significantly improves accuracy • 25%
Moderately improves accuracy • 25%
No significant change • 25%
Decreases accuracy • 25%
Hurricane • 25%
Tornado • 25%
Flood • 25%
Other • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Hurricane • 25%
Tornado • 25%
Flood • 25%
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Yes • 50%
No • 50%
