Nonprofit Innovator Podcast

This week we take a virtual trip to Chicago where we have a chat with a company called Narrative Science. Their AI-powered software is pretty clever - it ingests data - think financial data or marketing/fundraising performance data - and it automatically generates stories about the data. In effect, it looks at the data and identifies useful trends, observations, or projections from the chart. It uses AI in the form of natural language generation to craft the text stories about what it sees in the data.The whole idea is that for most humans its easier to “get” what a chart is presenting if there is a simple explanation alongside it to point out the key insights. So a line graph showing how fundraising revenue is changing over time might have several stories that accompany it - where revenue started and ended in the period. The peak periods ex. End of year fundraising, and the predicated revenue for the next year which the software extrapolates from the data and graph.The key is that it makes the ~80% of data t