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Well theoretically both are tied together - the less raise the employee gets the costs are lower thus the profits better which means the CEO is doing a good job
by margorczynski 3y ago
Well theoretically both are tied together - the less raise the employee gets the costs are lower thus the profits better which means the CEO is doing a good job.
At the end of the day it is the private property of the shareholders and if they decide the guy they hired does a good job then they can pay him more. Just not sure what is the plan for IBM in the long run, from the outside it looks like some zombie company that is still riding on the fumes when they were a monopoly.
- brucethemoose2 3y agoI mean, they have so much potential... As an example, they have expertise designing huge silicon chips, big iron servers, and fast interconnects. They even made a ternery chip in the past, and plenty of fabrication research. They could absolutely be a horse in the AI accelerator race. Thats just one example of many. ...But they dont take advantage of any of that, like they are stuck in a corporate quagmire or something.
- therealpygon 3y agoExactly right. IBM has always been a leader in R&D, almost always 10 to 20 years ahead of anything companies are researching at that time. Their downfall has always been their implementations and their marketing/sales. Neural chips, quantum computing, ultra high speed fiber, are just a few from the past few years, and just what we hear about. You name it and you can pretty much bet that IBM has something significantly better just sitting on the shelf, so to speak, when it comes to anything AI/server/datacenter, and plenty more. Their patience and strategy in that area has always been impressive. Knowing you have amazing technology but there is no chance you can make money because of how difficult the thing is to manufacture, so just letting it sit until a worse version reaches scale, trading a smaller leap forward so it can actually be capitalized on is the smart move. They do it well, but they simply cannot stop tripping themselves every time they try converting that library of advanced technology into revenue generation.
- danielmarkbruce 3y agoAre they actually doing good work, or is it just marketing? My only reference is Watson, which... was hyped out the wazoo... and isn't state of the art.
- therealpygon 3y agoGood work in the R&D and strategic acquisitions? Definitely. Not that long ago they announced a significant breakthrough in scalable quantum computer architecture that will allow them to create faster and faster quantum computers. And the fact most people didn’t even notice is exactly what I mean by tripping themselves.
- danielmarkbruce 3y agoWith respect - are you sure? Do you know this space? I don't know enough about quantum computing to be able decipher bs from legit work. I do know there have been pronouncements for a decade now and not much reality.
- spacephysics 3y agoAFAIK, IBM’s powerhouse now is their patent library.