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As I understand it IBM now pulls in a team of domain experts to help tune their algs and even markets this as an advantage over their competitors. That makes t
by RobLach 9y ago
As I understand it IBM now pulls in a team of domain experts to help tune their algs and even markets this as an advantage over their competitors.
That makes the MD Anderson case more interesting as it mostly means that MD Anderson spent $60 million to help IBM figure out the importance of that.
It begins to seem obvious how IBM stays so impervious despite being so sluggish. If your marketing and sales teams can subsidize the engineering and design side so heavily by wooing the executives that actually sign the contracts, you can spin it as just "where the technology was at that time".
Selling on hype gets you in the door and establishes you as player, and eventually the tech will catch up. Being 1-2 years behind blurs when you're signing 5 year enterprise-scale deals that took a year to organize and negotiate.
And if your products really are a dead end, you've got enough of a war chest to just aquihire an entire branch of your company, like IBM did buying Softlayer to just become IBM Cloud Services.
- nopinsight 9y agoThe acquihire fallback plan might work with other areas, but the valuation of a top AI team/startup is now in the high tens or even hundreds of millions. Almost all single contracts would not be sufficient to pay for that. Moreover, the acquirer must be willing to pay salaries competitive with Google, Facebook, and the likes to keep the team. From what I heard, IBM is not willing to do that. If anyone has information to the contrary, please feel free to correct me.