IBM's Watson Has Already Failed

As a reader of Seeking Alpha, I've seen several posts about IBM's (NYSE:IBM) Watson Artificial Intelligence technology and how Watson is an important differentiator that will drive IBM's growth in coming years. You can read such posts here, here and here. Unfortunately for IBM, these SA writer conclusions appear to me to be precisely wrong. I fear Watson is already a major failure for Big Blue. First, let's set the scene.