Twitter Invests $10 million On MIT Project Related To Social Data Analysis
Twitter on Wednesday gave $10 million to the Massachusetts Institute of Technology (MIT) for research related to the development of new technologies to make sense of semantic and social patterns across the broad span of public mass media, social media, data streams, and digital content. The MIT Media Lab created the Laboratory for Social Machines (LSM), funded by Twitter. As part of the new program, Twitter will also provide full access to its real-time, public stream of tweets, as well as the archive of every tweet dating back to the first.
Pattern discovery and data visualization will be explored to reveal interaction patterns and shared interests in relevant social systems, while collaborative tools and mobile apps will be developed to enable new forms of public communication and social organization.
A main goal for the LSM will be to create new platforms for both individuals and institutions to identify, discuss, and act on pressing societal problems. Though funded by Twitter, the LSM will have complete operational and academic independence. In keeping with the academic mission of LSM, students and staff will work across many social media and mass media platforms — including, but not limited to, Twitter.
"The Laboratory for Social Machines will experiment in areas of public communication and social organization where humans and machines collaborate on problems that can’t be solved manually or through automation alone," says Deb Roy, an associate professor at the Media Lab who will lead the LSM, and who also serves as Twitter’s chief media scientist. "Social feedback loops based on analysis of public media and data can be an effective catalyst for increasing accountability and transparency - creating mutual visibility among institutions and individuals."