Is Big Data Capable Of Predicting The Next Best-Selling Book And Author: An Analysis

Published on: 12 May 2021 Last Updated on: 02 January 2025
Big Data Capable Of Predicting The Next Best-Selling Book And Author

The applications of data in various fields are becoming more relevant than ever. From sports to music, the applications of data and technology are finding new uses, applications, and results. If you have seen the Brad Pitt baseball movie, ‘Moneyball’, you would know exactly what I am talking about.

Many argue that the applications of big data cannot apply to creative fields like music or writing. However, experts who are getting big data analytics certification think otherwise. Books, people point out cannot be judged according to big data. In other words, whether a specific book will become successful is a creative function that is dependent on experience, expertise, and audience reception.

Not quite so! It appears that scientists and data practitioners have come up with a method to analyze and understand whether a book can become a best-seller or not.

How does the Big Data Algorithm work?

In the last few years, experts like Jodie Archer and Matthew Jockers have analyzed the last 30 years of New York Times bestsellers. They have then applied scientifically and tech-developed algorithms to look at various trends, patterns, and learnings to figure out what is common in all these books. The results are striking.

Bestseller-Ometer, the algorithm has data fed into it from more than 20000 books and novels. For publishers, this comes as a welcome advancement. They do not need to take a risk call on every manuscript that passes through their doors.

They can easily just run the software and figure out which novel is going to work and which is not going to sell. If you are looking at percentages of success, the makers are confident of 80%! That is a huge percentage to take into consideration at any given point in time.

Is this a Reality that is going to change the Publishing World forever?

To be honest, the application of the data is not the first in terms of the idea. This was first assessed and put into work in the jewelry industry. Inkitt, a German-based start-up was the first to look at the various inputs and reading perceptions of the readers and come up with an algorithm that assesses what is liked and what is not.

The algorithm takes into account, the following factors-

  • What is the rate of repetition of the pages that the readers go over?
  • How long do they dwell on a specific section?
  • Are there any thematic points that are considered more?
  • Where are the books purchased and read from?

Once all these inputs are fed into the software, the algorithm runs its course and gives out suggestions, and shows definite patterns.

The Human Factor- Can this be Completely Discounted?

Both Jockers and Archer feel that even though the algorithm is great, it is not 100% thanks to the human factor. You might ask what is this factor?

This factor is called the human intimacy factor. It refers to the emotional and intimate bond that forms between a book’s characters and the reader. Think about Harry Potter novels and how they have become a household name for everyone of this generation.

It also means that new genres, one that has still not been discovered are subject to the human emotional connection and chance. An algorithm can only assess data that is in front of it.

If there is something completely new and unique, the algorithm will not be able to give a cohesive reading of the same. In such cases, editors need to depend on their experience to understand whether the said work can be successful or not.

The Bottom Line:

Big data analytics is changing the creative and arts industry in a major way. As more research and developments take place, it is only a matter of time before we see more full-proof connections emerge in this industry.

Read Also:

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

View all posts

Leave a Reply

Your email address will not be published. Required fields are marked *

Related

Fax Over the Internet

Fax Over the Internet

Being able to send a document with a push of a button was groundbreaking in modern technology. Faxing became one of the quickest and easiest ways to send a document from one place to another. With snail mail being too slow and email not being secure, so that leaves us with the decade-old but always reliable fax. But who uses fax machines nowadays? You’d be surprised that even startups are still using a fax machine. But without a fax machine how am I going to send or receive a fax? Luckily for you, the internet provides a wide array of fax online setup and faxing over the internet like Hottelecom.biz. It’s easy, fast, and reliable, without that much effort. So how do you Fax over the internet? The process is simple. You send fax, using the internet connection at hand. It does not require you to have a physical fax machine. Unlike your typical fax machines which require a fax machine and a phone line connected to it, all you need is a network and a device to process and send the fax over the internet and an online faxing set-up and you’re good to go. So how do you get started? Step 1: The all-important internet: Of course, to be able to send a fax over the internet you would need the most key component, which is an internet connection. Step 2: A online faxing service: You can easily sign in to one of the numerous online fax service providers on the internet, A simple Google search will throw up multiple results. Go to the platform, check the credibility, and complete the signup process by entering your details. It is as simple as that. Step 3: Attaching your document(s) to your email or to a new fax message: This process is relatively simple and involves you adding the email to the fax. This is why you do not require a physical fax machine. A simple works just fine. E.g: 1xxxxxxxxxx@onlinefaxservice.com The issue here is the time taken by the software to convert the message or email into a fax. It depends on how big the message is. However, once it is sent, you will be notified in the same email id you had given at the time of signing up on the form. Advantages of Faxing online: So you know the what and the how, all you need is the why. Send fax anywhere and anytime - All you need is an internet connection, a computer or mobile phone, and your document and you can fax anywhere and anytime. Saves you money - Without the need for a fax machine, you could save a small amount of fortune for what you would have been paying for such as the equipment, the maintenance, the phone charges, and so on. It’s easy- Setting up and using it relieves you of the hassle. All you need is a mobile phone or a computer with an internet connection and you can be faxing online in no time. There is available software to aid you in this process too so there is no need to worry. It enables you to send a fax through only a mobile phone -  Didn’t bring your laptop or no computer in sight? Use your mobile phone for your faxing needs. Many online faxing services provide mobile apps so you can fax them on the go. Making your phone camera as a scanner you would be able to scan documents and send them through your mobile phone. It keeps your files organized and on the go - Unlike the traditional way of faxing where you receive a ton of files printed on paper, how are you going to keep track of all these files if you’re having 10 faxes a month? With online faxing, it keeps all your documents in one app using cloud storage and on the go. Well, you can go for print and apply label systems to ensure better printing on your own. It can be a handy solution to uplift your document management process. You can do search results directly - Say goodbye to manually searching through all your documents in folders, cabinets, even in storage. You could find faxes in a matter of seconds with the help of the search bar on your computer or the mobile application. Online Faxing is easy, simple, and efficient. Use online faxing today and have efficiency in your own hands.  Having online faxing would be an advantage to your business as it will help you check your faxes online and would help you keep things organized as well as having fewer paper trails. It will minimize expense and manpower to do so thus it is highly encouraged in our business now. We need to adapt to technology thus it will give so much advantage in our part. Read Also: Why You Need A Secure Wifi Connection In Shared Space How To Find The Best Check Printing Software

READ MOREDetails
Virtual Data Rooms

The Power of Virtual Data Rooms for Real Estate Businesses

The data room software is a popular and versatile technology. It’s highly sought after by entrepreneurs for secure work environments in today's real estate industry. VDRs effectively automate and streamline numerous business processes, offering a secure platform for managing documents while fostering transparency among colleagues and employees. Their utilization ensures the utmost safety and efficiency in real estate operations. What is a VDR? Essentially, a VDR serves as a digital hub for storing business records, files, and other valuable items containing sensitive information. Prior to the emergence of VDRs, organizations predominantly relied on conventional file storage methods, which failed to provide the requisite level of security. Presently, VDRs encompass a range of features, including: Surprisingly enough, this software serves a purpose far beyond mere file storage. It also acts as a secure environment for sharing and exchanging sensitive information with others. This process is completely safeguarded through various tracking mechanisms that meticulously monitor every action taken within the VDRs. Should there be any unauthorized attempt or an individual trying to access restricted documents contrary to the security policy, the system promptly alerts you, ensuring the utmost security of your data. Among the remarkable attributes of VDRs is their capacity to facilitate comprehensive automation of operations. While this functionality was not initially inherent in the VDR concept, developers swiftly recognized the need to automate business processes in order to maintain a competitive edge. As a result, automation has become a standard feature across all data room services, significantly enhancing efficiency and productivity within the workplace. The impregnable fortress of VDRs makes breaching their defenses an incredibly daunting task. In fact, it can be argued that breaching a company's VDR is nearly impossible, as news reports rarely surface about such incidents. This remarkable level of protection is the result of the stringent security measures employed by VDR providers. In order to instill confidence in business owners regarding the exclusive use of VDRs for preserving sensitive company information, these providers actively strive to obtain independent certifications and gain recognition from governmental authorities. And so far, their efforts have proven successful. The integration of a virtual data room into your company's infrastructure is definitely worth considering. It holds the potential to deliver substantial time savings for your staff, allowing them to redirect their efforts toward more productive and critical tasks that contribute to the growth of your business. VDR in real estate transactions In the realm of real estate transactions, high-tech innovations such as VDRs have finally found their rightful place. Modern companies operating in this field face the constant need to adapt and automate tasks that were previously handled without the desired level of security and efficiency. Entrepreneurs from around the globe, particularly those in developed nations, are increasingly recognizing the significance of integrating VDRs right from the outset of their business endeavors. This holds true not only for the real estate sector but also for other industries that shape today's economic landscape, marked by the impact of economic crises. Even traditional businesses, which have been accustomed to more conventional approaches, are now contemplating the acquisition of this advanced technology that has gained immense popularity in recent times. Perhaps you're wondering, what sets digital data rooms apart from other corporate technologies available today. The answer lies in several key factors. Embracing this technology grants you the ability to streamline an extensive array of daily tasks, ensuring optimal efficiency in your operations. By implementing such improvements in your real estate business, you can have full confidence in the proper management of your financial endeavors. As enterprises endeavor to enhance efficiency and productivity, the significance of automating workplace tasks continues to grow. Automation facilitates cost reduction, heightened productivity, and enhanced precision. Furthermore, it minimizes the time expended on routine responsibilities, allowing employees to dedicate their efforts to more critical undertakings. By providing swifter and more reliable service, automation also contributes to improving customer satisfaction. The advent of these technologies has revolutionized interdepartmental communication within organizations. Recognizing the persistent challenge posed by communication issues in the wake of technological advancements, this solution has been purposefully engineered to address this concern across companies. It stands as the exclusive program that effectively tackles this challenge head-on. It comes as no surprise that businesses are actively seeking ways to enhance communication between departments, recognizing its potential to drive efficiency, collaboration, and productivity. By fostering improved communication, the prevalence of misunderstandings and miscommunications can be minimized, cultivating an environment of trust and cooperation. The utilization of this technology ensures meticulous organization and efficient indexing of documents, thereby enabling swift and seamless retrieval when urgent tasks arise. Document indexing stands as a vital tool for modern businesses, allowing them to maintain a well-structured and easily navigable repository of information. By associating documents with relevant keywords or tags, the process of locating specific files is greatly simplified. This, in turn, guarantees secure and systematic storage, preventing the loss or misplacement of important documents. Moreover, the accuracy of search results is significantly enhanced through indexing. Furthermore, this feature can serve as an impressive asset for crowdfunding campaigns, surprising investors with its efficiency and accessibility. When compared to traditional file storage, virtual data rooms stand out in numerous aspects, particularly in terms of security. The emphasis on security is fundamental in VDRs, and you can rest assured that reputable software developers prioritize this aspect to deliver an exceptional level of protection, surpassing what conventional methods can offer. Conclusion Real estate deals have reached a stage where automating these procedures and fostering investor confidence are absolutely crucial. The cutting-edge technologies we've explored today serve as prime illustrations of what you can swiftly integrate. Not only will you enjoy all the advantages outlined in this piece, but you'll also gain a few extra perks. Remember to reach out directly to the developer if you have specific needs, as they'll gladly accommodate and potentially establish conditions for your company's accelerated growth in a highly competitive market. Read Also: What You Are Paying For With A Virtual Data Room What Is Virtual Data Room Pricing? A Beginners Guide How Your Hedge Fund Will Benefit from a Virtual Deal Room

READ MOREDetails
Valve Type

The 4 Factors to Determine Which Valve Type You Need

The selection process for industrial valves is not overly complicated. However, if you’re not careful, you will end up selecting an incorrect valve. You can avoid this if you’re keen enough when it comes to choosing the right one. However, the question is, how? How do we know if it’s the correct valve? Where should we start searching? There are a lot of factors involved when it comes to choosing the appropriate valve for your industrial needs. Though sizing and selection can be a tedious process, understanding the requirement for applications will make it less complex. To help you with the selection process, below are valuable details for you to take note. The Type of Valve: One of the most important things you need to consider is the valve type. The type of valve needed will basically depend on the function, operation, and flow control. If flow control is needed in the process, then you will need a valve with good control performance. The size and type of a valve should be selected to support control of flow. Those valves with plugs can be picked to change the flow of the valve. When it comes to the shutoff application, butterfly or gate valve is mostly recommended. This type offers good throttling capabilities. On the other hand, plug and ball valves are not the best options to control flow. Moreover, if the process needs backflow prevention, then it is best to opt for a check valve. A mixing valve is an ideal choice for blending two streams process as well as water stream tempering. If the process involves feeding chemicals which are known to be a compounding process, what you need is a valve that provides the needed control capabilities. source Performance Specifications and Valve Measurement: This is the most crucial step in choosing the appropriate valve for the application. In the event you chose an incorrect valve, it can cause issues to the valve operation within the fluid transfer system. For example, a valve that is undersized can smother the downstream flow, thus creating an upstream pressure. Valves that are oversized can only regulate a limited range of flow. Valve operation in a nearly closed position may lead to flushing and cavitation. In the event of severe oversizing, you can pull the valve plug. This will shut off the flow. If the application needs an isolating valve, then the valve can be measured to the existing hose or pipe. Flow sizing can be a lot complicated because of the changes in flow constriction as well as the gap between the seat and the plug. Construction of Valve Materials: Another important factor for your valve selection process is the body materials. The environment that surrounds it, the flowing media, and maintenance are great factors that will create an impact on the valve materials. Media that are corrosive, such as saltwater, acids, chemicals, or certain food types may lead to corrosion resistant of valve materials. If the media is a mixture of liquid with abrasive solids, then the materials’ resistant to erosion of construction are needed. It is also required to have a high strength alloy for high-pressure media to endure internal pressures. A valve with hot media will highly need an alloy that maintains durability and corrosion or oxidation resistance during an increase in temperatures. Valve Connection and Actuation: Put into consideration how your valve will be operated within the production. This is one important aspect should not take for granted. For manual valve operation, you need the one that has a hand wheel for manual valve opening and closing. As for an automatic valve, the one installed in a vehicle or aircraft will need an electric actuator to slide the stem. This is done through signal inputs control. The operation of check valves is operated within the system through a pressure drop. This does not usually need any actuation process. Another selection factor to consider is the fitting type of a valve, which is often defined by the actual connections in the piping system. The connections of a valve are not considered as the fundamental criteria for selection. Suppliers usually provide the same valve with various options for connections. Also, an adapter fitting can be purchased in the event the requested type of connection is not feasible. There are certain industries that have specific standards, regulations, and codes that are required to be followed. Other cases, a valve must follow to these standards — NACE, API, etc. — prior using it in pressure vessel, refinery, nuclear, or other crucial applications. Conclusion: When selecting the right valve for your production, make sure you are packed with all the necessary details. Get to know some basic information and learn to compare each option to determine which is which. Regardless of what valve type your production needs, it is highly recommended to order from a reputable and trusted industrial valve supplier. Surely, it can get a bit complicated sometimes, but once you already have knowledge regarding what factors to consider, the selection process isn’t that hard after all. Read Also: What You Need To Know About Mini Power Packs Why Sensors Are Essential In Machine Automation The Rapid Growth In The Global Industrial Automation Market And Its Career Opportunities

READ MOREDetails