Sunday, January 12, 2014

Watson Related Revenue: 100 million vs 10 billion

http://www.businessweek.com/articles/2014-01-10/ibms-artificial-intelligence-problem-or-why-watson-cant-get-a-job

Watson realized $100 million in revenue vs. a predicted 10 billion. That is a factor 100 off. Such a forecast error is not really a good showcase for "predictive analytics." Of course these kind of predictions are often more goal setting or inspirational rather than serious forecasts. (For me $100 million is not something to sneeze at).