Employment Idea – Could Machine Learning Predict The Next Business?

The idea is simple.

If you make a time line of all established business in a country or globally. What type of business their in, locality and map information, their level of success, the time they got started and so on. Would it not be possible to use machine learning take input from that to predict the next coming business. At least the next area of interest.

I thought this would be useful information for startups. Here they could align their passion with a chance of success.

With this you don’t miss important opportunities and if you include recorded business failures in the prediction. This could perhaps make the success rate even better.