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Dynamic technology impact analysis: A multi-task learning approach to patent citation prediction

Seol, Youngjin, Choi, Jaewoong, Lee, Seunghyun, Yoon, Janghyeok

arXiv.org Artificial Intelligence

Machine learning (ML) models are valuable tools for analyzing the impact of technology using patent citation information. However, existing ML-based methods often struggle to account for the dynamic nature of the technology impact over time and the interdependencies of these impacts across different periods. This study proposes a multi-task learning (MTL) approach to enhance the prediction of technology impact across various time frames by leveraging knowledge sharing and simultaneously monitoring the evolution of technology impact. First, we quantify the technology impacts and identify patterns through citation analysis over distinct time periods. Next, we develop MTL models to predict citation counts using multiple patent indicators over time. Finally, we examine the changes in key input indicators and their patterns over different periods using the SHapley Additive exPlanation method. We also offer guidelines for validating and interpreting the results by employing statistical methods and natural language processing techniques. A case study on battery technologies demonstrates that our approach not only deepens the understanding of 1 technology impact, but also improves prediction accuracy, yielding valuable insights for both academia and industry.


How Will Technology Impact on Real Estate?

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Agents who will embrace AI-driven technology will get a competitive edge in the market. AI will be beneficial for the consumers as can ease the process of finding, viewing, and purchasing a home. FREMONT, CA: Artificial Intelligence and Machine Learning are infiltrating every industry, including real estate. AI and ML are not only enhancing the procedure of searching for suitable homes but also predicting the property values in the market. Here are three predictions for how AI can revolutionize the future of the real estate.


Datel: How will emerging technologies impact the supply chain?

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Tim Purcell, R&D Director at Datel, examines the possible impact of leading edge technologies on the global supply chain. Supply chain technology has evolved at an incredible pace throughout the years and will only continue to evolve. Advancements in this space are revolutionising the way people work and are also helping to drive businesses forward and remain competitive. Over the next few years, we will see advancement in trends such as blockchain and AI advance and we will begin to see companies looking seriously at these technologies as they consider their digital transformation strategies. Managing today's supply chain can be extremely complex.


How Changing Technology Impacts IT (And How to Keep Up)

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Missing out on technology innovation could cripple any business or leave it at the mercy of rivals. This makes keeping up with the latest IT trends a vital business effort. Most small and medium-sized businesses focus firmly on their day-to-day operations. With only a small amount of time to focus on the technology that helps keeps the lights on, the blur of IT and technology innovation can pass them by. However, there are ways that any business can apply some focus when it comes to identifying and making use of the latest technology trends to benefit the company.


The Technology Impact On Industries - An Overview

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I strongly believe in investing in people. They are the greatest asset your organization has. I encourage people to seek personal development and to keep up with current technology trends. That may entail training, conferences, working with mentors, or simply attending online webinars. I also encourage engaging in local community groups. You might be surprised at the number of technology networking, and skillset groups that hold events outside of work.


How Do Emerging Technologies Impact How Humans Think? - stable kernel

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Technology has never been so pervasive in an individual's life. Though historically we have trusted human interaction over automated computer processes, recently, we've become more accustomed to the influence of technology on our daily routines. Therefore, it is changing how humans think, communicate, and work. New tools allow us to do more in less time and communicate ideas instantly and effortlessly. They provide the freedom to focus on more profound problems.