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this post was submitted on 01 Jan 0001
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founded a long while ago
IBM has some of the most advanced quantum and AI research in the US.
Then how come Watson Health got sold to a venture capital group? If it was so great why did the sell it?
IBM research spends decades doing worthless projects that never produce any value.
They had PowerPC and blew it. They had Watson a decade before OpenAI and blew that. They had dominance in mainframes and blew that because they refused to change.
They blew it multiple times on their cloud offerings to the point where Oracle has more market share by just providing a decent OpenStack offering.
They don't have anything of value.
They have billion dollar contracts with the MIC producing systems for them, not the public. You are talking about vanity side projects.
How do you think IBM is still in business?
I think they have captured a couple industry segments with their mainframes and made it difficult to move away. I don't know how long that will last though