re:publica 19 - Business & Innovation

Jenseits der Buzzwörter Industrie 4.0, Internet der Dinge oder Big Data: Diese Begriffe tauchen immer in Diskussionen zum Thema auf, wie neue Technologien unseren Alltag besonders im Arbeitskontext verändern.

https://19.re-publica.com/

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episode 2: tl;dr - and the financial backers


Over the past years, crowdfunding has become an increasingly important funding source. What if tl;dr affected the success rate of crowdfunding projects? In this talk, I will present a machine learning model on whether a crowdfunding campaign is successful or not. I will focus on text features based on titles and short descriptions of the crowdfunding projects.

  • Barbara Hofmann

While more and more people are engaged in crowdfunding activities, we know little about the quantitative side of crowdfunding: what type of campaigns are successfully raising funding and what types are not?

In the talk, I will present a machine learning model on whether a crowdfunding campaign is successful or not. The focus of the model is on text features that I create from the project descriptions and the titles and test whether tl;dr might affect the backers to donate money. I correlate these features with the success of the campaign. Moreover, I will create image features from pictures that are uploaded together with the project description and other information about the crowdfunding campaigns. My analysis is not related to real Artificial Intelligence, but I use weights from a pre-trained deep learning model to extract image features. I will show how „surprisingly” well this pre-trained model describes unknown images.

At the end of the talk we will have shed some light on whether or not tl;dr and crowdfunding success are related to each other. You might even be inspired to use some free tools to estimate your own model : )


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 May 8, 2019  28m