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IBM: Americans "Desire Ratio" on the rise


Dataminers at IBM have been burrowing through social media postings to see how Americans are feeling. Heading into Memorial Day weekend, it's sounding like the mood is improving. References to gas prices, which have been dropping of late, register postive by a five to one ratio, compared to an even balance a year ago. IBM has a new measurement--the "Desire Index"--which reflects the ratio of positive to negative comments about shopping and Memorial Day travel. These desires have rocketed up to 6.5/1 this year, from a downbeat 1.3/1 a year ago.
Now, as those of you who read The Numerati know, I've spent time talking to people who pull sentiments out of data. (The company I looked at then, Umbria Communications, was later bought by a unit of McGraw-Hill, the company I happened to be working for at the time.) Of course it's not an exact science. The machines miss sarcasm, like "Oh yeah, I'm thrilled to be driving this Memorial Day weekend with four screaming babies and my suicidal father in law...." Nonetheless, I'm sure Twitter and blogs provide a large enough sample to power past such small misunderstandings. The IBM team no doubt gets the big trends right.
Still, wondering what sort of happy talk the computer is interpreting on gas prices, I call up Twitter and search for "gas :)"
Well, it turns out, some are pretty clear.
@damjana3
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