I do not understand how IBM stays in business. As far as I’m concerned the only cool engineering thing IBM does anymore is POWER, which has a sort of unique memory architecture but otherwise is well behind everyone else. What else did they do in my lifetime? They took a profitable RedHat and gutted it, they took the best Laptop line and sold it to Lenovo and almost ruined it, they tried to be a front runner in ML but…
Do you have a link to the commercial?
Yikes, I misremembered, it’s a Hewlett-Packard commercial.
I do not understand how IBM stays in business. As far as I’m concerned the only cool engineering thing IBM does anymore is POWER, which has a sort of unique memory architecture but otherwise is well behind everyone else. What else did they do in my lifetime? They took a profitable RedHat and gutted it, they took the best Laptop line and sold it to Lenovo and almost ruined it, they tried to be a front runner in ML but…
Last I heard they were dabbling in Blockchain. Atleast they were publicly making noise about it.
They have a product called Hyperledger Fabric that is marketed as an enterprise-scale permissioned-blockchain. I’ve tried to get it working before with some free credits and couldn’t figure it out.
Although small in comparison, they also bought weather underground for a cool billion or so and completely ran it into the ground.
I was part of that acquisition. To be fair, Weather Channel was already running Weather Underground into the ground when they acquired it first. IBM just came in and helped them finished the job. A huge part of it was the incompetence with which IBM pushed us to use Watson modules in our products, which I could see 6 years ago were worse than open source AI options and had no application to Weather Underground's serv…
>> They were basically toy projects being advertised as ground-breaking AI.
They were media events that lead to powerful media events, which in turn lead to investors pumping money into the stock price. Shareholder value is the only real profit. Watson being on Jeopardy no doubt garnered investment dollars from thousands of wealthy retirees. Those toy projects earned their keep many times over.
I do not understand how IBM stays in business. As far as I’m concerned the only cool engineering thing IBM does anymore is POWER, which has a sort of unique memory architecture but otherwise is well behind everyone else. What else did they do in my lifetime? They took a profitable RedHat and gutted it, they took the best Laptop line and sold it to Lenovo and almost ruined it, they tried to be a front runner in ML but…
Last I heard they were dabbling in Blockchain. Atleast they were publicly making noise about it.
Most big tech companies got out of or significantly scaled back their blockchain business, it is solution chasing a problem. The web3 people apparently haven’t caught on yet
IBM is such a shadow of what it used to be. Hopefully newer health+genomic+ai startups or initiatives at less dinosauresques companies will make the next leap happen in our lifetime.
Currently they have one of the only if not the only enterprise permissioned blockchain project called fabric and it’s open source. I could see them making a comeback with crypto but not the way we think about it today. Instead, inter-enterprise operations infrastructure.
> one of the only if not the only enterprise "permissioned" blockchain projects
Not quite, check out Corda's R3 project - it's already being widely used in enterprise and projects are being built on top of it.
I do not understand how IBM stays in business. As far as I’m concerned the only cool engineering thing IBM does anymore is POWER, which has a sort of unique memory architecture but otherwise is well behind everyone else. What else did they do in my lifetime? They took a profitable RedHat and gutted it, they took the best Laptop line and sold it to Lenovo and almost ruined it, they tried to be a front runner in ML but…
Because people who make that fatal decision read Gartner magic quadrants.
I do not understand how IBM stays in business. As far as I’m concerned the only cool engineering thing IBM does anymore is POWER, which has a sort of unique memory architecture but otherwise is well behind everyone else. What else did they do in my lifetime? They took a profitable RedHat and gutted it, they took the best Laptop line and sold it to Lenovo and almost ruined it, they tried to be a front runner in ML but…
you just need to think of IBM as a service and consultancy company - because that is what they are (and have been for quite a while).
I do not understand how IBM stays in business. As far as I’m concerned the only cool engineering thing IBM does anymore is POWER, which has a sort of unique memory architecture but otherwise is well behind everyone else. What else did they do in my lifetime? They took a profitable RedHat and gutted it, they took the best Laptop line and sold it to Lenovo and almost ruined it, they tried to be a front runner in ML but…
They’re a public company. Here’s how they make money:
There is no need to market to Doctors now when they market directly to consumers who go demand they get the new medicine. If we want to reduce costs, we need to move to lower level providers like a LPN or CRNP. Most people coming into a GP have the flu or an ear infection or .... and that can be handled by them. There will be one MD and to handle complicated cases and to supervise. We've already switched so that inta…
> In the US at least working at FAANG pays far more than being a GP. Not just FAANG, either. The assertion by grandparent poster that GPs are "astoundingly" well paid is bonkers.
"Astoundingly" is vague.
According to the Bureau of Labor Statistics, the mean salary of "family and general practitioners" in May 2020 was $214,370 [1]. This figure includes salaries from GPs throughout the country (i.e., not just in the Bay Area).
You can also look at median salaries. According to the BLS, all ten of the occupations with the highest median incomes in the U.S. are medical occupations [2]. "Family medicine physicians" are 10th on this list.
I do not understand how IBM stays in business. As far as I’m concerned the only cool engineering thing IBM does anymore is POWER, which has a sort of unique memory architecture but otherwise is well behind everyone else. What else did they do in my lifetime? They took a profitable RedHat and gutted it, they took the best Laptop line and sold it to Lenovo and almost ruined it, they tried to be a front runner in ML but…
I work in a role where half of our stuff is in IBM's cloud (for decisions made before my tenure). On a day in Mid-November, we started receiving alerts from our UAT and PROD environments. Logged in, all our stuff was gone. Opened a ticket and did some digging and found in our audit logs an IBM SRE had deleted all our stuff. They then told us there was no way to recover and we'd have to rebuild from scratch. They had…
That seems negligent enough for your company to sue them