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IBM to invest $1 billion to create new business unit for Watson
Reuters ^
| jan 9, 2014
| Nicola Leske
Posted on 01/13/2014 5:13:50 PM PST by Vince Ferrer
IBM (IBM.N) said it will invest more than $1 billion to establish a new business unit for Watson, as the tech giant hopes to get more revenue from the supercomputer system that beat humans on the television quiz show "Jeopardy".
(Excerpt) Read more at reuters.com ...
TOPICS: Business/Economy; News/Current Events
KEYWORDS:
This is largely a good thing. Watson can be used for things like medical diagnosis, and it can keep up with current research better than an individual doctor can. However, this does open a new front on the war on jobs. It isn't just the manual labor that can get automated anymore, knowledge jobs, which were supposed to be the wave of the future 20 years ago, are now going to start being taken by software.
Jeopardy! IBM Watson Day 3 (Feb 16, 2011) Part 2/2
To: Vince Ferrer
You didn’t build that...it needs to be used for Muslim outreach and advancement of Muslim math and science.
2
posted on
01/13/2014 5:17:07 PM PST
by
CincyRichieRich
(Pajama-boy-in-chief's beatings continue until morale improves.)
To: CincyRichieRich
To: CincyRichieRich
love that highly vaunted mooselim science....
4
posted on
01/13/2014 5:21:17 PM PST
by
MeshugeMikey
( Help fight The Neo Stalinists! Donate to your Free Republic)
To: Vince Ferrer
I suggest a name change.
5
posted on
01/13/2014 5:32:57 PM PST
by
RightGeek
(FUBO and the donkey you rode in on)
To: Vince Ferrer
what exactly will this billion bucks be used for?
6
posted on
01/13/2014 5:38:17 PM PST
by
GeronL
(Extra Large Cheesy Over-Stuffed Hobbit)
To: Vince Ferrer
Most of the money will probably be spent in India.
7
posted on
01/13/2014 5:38:37 PM PST
by
driftdiver
(I could eat it raw, but why do that when I have a fire.)
To: Vince Ferrer
Today one employee and I processed almost 30 insurance claims, completed requests for another 22 so they could be seen out-patient plus 8 others for admission, verified 2014 benefits for 14 returning patients, paid a pile of bills for several clients and finished two 2013 tax returns and financial reports for two clients, all on-line without creating any paper or talking with anyone.
Just a couple of years ago it would have taken a staff of at least 5, lots of paper, stamps and envelopes and we would never have finished it all in one day.
Not only is modern technology doing away with the obvious clerical and office jobs but we also need to look at the trickle down effect even at what is considered the bottom of the heap. We don’t use envelopes or forms and so don’t even create so much trash. There will even be a marked decrease in the number of people required for trash pick-up or trash trucks.
Heaven help us if we ever lose the internet for a prolonged period of time. Only we old timers remember how to do things manually and we’re not going to be around forever.
8
posted on
01/13/2014 5:46:56 PM PST
by
Grams A
(The Sun will rise in the East in the morning and God is still on his throne.)
To: Vince Ferrer
Gonna go for Wheel or Price is Right?
9
posted on
01/13/2014 6:14:32 PM PST
by
RetiredTexasVet
(It's difficult to differentiate between a hog calling contest and a Senate rollcall.)
To: Vince Ferrer
In the future, kids will no longer grow up with the aspiration of being a doctor or a lawyer - they’ll just all grow up to be lawyers....
10
posted on
01/13/2014 7:19:39 PM PST
by
indthkr
To: indthkr
Who will be left to hire them?
11
posted on
01/13/2014 8:10:40 PM PST
by
Trod Upon
(Every penny given to film and TV media companies goes right into enemy coffers. Starve them out!)
To: Trod Upon
"Who will be left to hire them?"
I suspect it will be more a case of the most of the lawyers being government workers and politicians, and everybody else either being taxed, or in forced labor camps.
12
posted on
01/14/2014 7:50:44 AM PST
by
indthkr
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