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IBM To Invest $240 Million To Develop AI Research Lab With MIT (bloomberg.com)
IBM will spend $240 million over 10 years to develop an artificial intelligence research lab with the Massachusetts Institute of Technology, pooling the organizations' resources as competition intensifies to produce breakthroughs in the field. Bloomberg reports: The MIT-IBM Watson AI Lab will fund projects in four broad areas, including creating better hardware to handle complex computations and figuring out applications of AI in specific industries, the Armonk, New York-based company said Thursday in a statement. While IBM has always conducted long-term research internally, it decided AI was such a vast field that it needed to reach out for talent and ideas, said John Kelly, the head of International Business Machines Corp.'s research and cognitive solutions groups, which includes Watson products. While researchers will focus on long-term innovations in artificial intelligence, IBM will also be looking for developments -- a new medical imaging algorithm, say -- that it can immediately plug into its existing products. Big Blue expects to see results that boost its Watson-branded AI business in the next year or two, Kelly said. The plan is to change the focus and number of teams as needed to produce results, he said. The partnership underscores IBM's focus on building a business selling AI software, a strategy that requires clients to adopt such products and the company to develop offerings that add actual business value and are competitive with juggernauts in artificial intelligence, including Microsoft Corp. and Alphabet. IBM and MIT will jointly own the intellectual property that results from the projects conducted together. The company also has the option to buy out MIT for full ownership, Kelly said.
How about spending some time and money figuring out how to make a human-interpretable learning system? You know, reinvent rule-based classification, reducts, and Rough Set theory stuff. That's something that will actually advance the field instead of another Alexa or Siri for easier ad-targeting,
That way, when Skynet finally decides to assassine Kanye, at least we can go to the databanks and see exactly how it reasoned.
Wait, what? I thought AI was here: Watson is curing cancer, cars are driving themselves, computers are winning lotteries, and everything. Why is a new lab and lots of money needed?
And when the next thing comes around, they'll lay off **exactly** 29,000 employees, like they do every time some fad bursts.
Have a nice day.
I always thought that MIT could do with an AI lab. Nice of IBM to finally help them get one.
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So in essence, IBM will brand its Watson crap, re-branded as "designed by MIT" to sell it as AI to the newly emerging AI marketplace wherever lots of money is available, e.g. medical. Then it will patent a lot of vague AI sounding stuff and demand patent royalties from the actual companies doing the actual AI. i.e. business as usual for IBM.
I.B.M. gonna go bye-bye real soon now.
To tweak a list of threshold values between 0 and 1.
IIRC, IBM has made memristors, a basic electronic component only recently produced (and I believe also difficult to produce which is why they're still in the lab).
Memristors are nice little toys that effectively combine memory and processing, are non-volatile, fast-switching, low-power, small, and can be non-binary. In other words, they sound very much like a non-biological implementation of a neuron.
I'd love to see a hardware implementation of an artificial neural network, as getting it out of software should immediately massively improve the potential speed and complexity.
https://en.wikipedia.org/wiki/...
Last year they funded the Center for Cognitive Computing Systems Research at the University of Illinois Urbana-Champaign. http://www-03.ibm.com/press/us...
IBM and MIT will jointly own the intellectual property that results from the projects conducted together. The company also has the option to buy out MIT for full ownership, Kelly said.
With Watson being completely underwhelming in most or all of its commercial applications, IBM needs something better. Something useful.
Hopefully MIT gets royalties as a part of that option, as I assume IBM is planning to make a lot of money from this endeavor. IBM gets access to some of the best minds in the field, and they would have no worthwhile product otherwise.
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According to the latest ruleset, this post should be modded as Vorpal Flamebait +5.
If you're asking "why doesn't IBM find 10 doctors and pay them for 5 years?" That's just not practical. A doctor isn't interested enough to stop being a doctor and spend 3 years teaching a programmer the subject matter. You need programmers that are experts in DNN to learn enough of a subject to produce something useful. You need to teach a doctor enough about DNN so they can help produce the training dataset. There's a lot of trial and error.
IBM needs MIT to figure out how to solve the subject matter expertise problem or at minimum reduce the cost/need for subject matter expertise. 240 million is a drop in the bucket when you consider IBM has dumped billions into watson without making any profits.
Glad to see Gore and Romney working together on something. Yeah, that was bad.
If they cared about innovation their entire technical staff wouldn't be an H1B team.
The latest book on IBM Watson is "Learning IBM Watson Analytics" by James D Miller.
It's $24M for 10 years. $24M/yr is nice to run a lab that needs enormous compute power, but not giant.
MIT's Project MAC is 54 years old. Who's fooling whom?
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Wait, didn't IBM just lay off like 70,000 employees? How do they still have $240M just laying around to throw at outside research?
If you disagree, please post your argument. (-1, Overrated) isn't your personal censorship tool for views you don't like