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IBM Is Betting Its Future on AI -- The Motley Fool

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Investors haven't been happy with IBM (NYSE:IBM) lately. Since Ginni Rometty started as CEO in January of 2012, IBM has had 18 consecutive quarters of year-over-year declining revenue -- essentially every quarter of her tenure. The stock has lost nearly 10% compared with a gain of 78% for the S&P 500 over the last five years. For IBM shareholders, Ginni Rometty's four-year reign as chief executive officer hasn't been anything to go to Disneyland about. But her company has become a leader in one corporate category: board members willing to shovel incentive pay at a CEO turning in a mediocre performance.


Top Stories: International Business Machines Corporation (NYSE:IBM), General Motors Company (NYSE:GM), OncoGenex Pharmaceuticals, Inc. (NASDAQ:OGXI), Ecopetrol SA (NYSE:EC)

#artificialintelligence

On Friday International Business Machines Corporation (NYSE:IBM) share price closed at 155.69. Company net profit margin stands at 14.90% whereas its return on equity (ROE) is 82.00%. International Business Machines Corporation (NYSE:IBM) is -5.61% away from its 52 week high and its 52 week range is 116.90 – 164.95. International Business Machines Corporation (NYSE:IBM) announced the launch of the aptly-named IBM Power Systems S822LC for High Performance Computing. Its unwieldy name betrays the fact that this is a really interesting product.


MACHINE INTELLIGENCE 2

AI Classics

C. COOPER 21 3 Data representation--the key to conceptualisation: D. B. VIGOR 33 MECHANISED MATHEMATICS 45 4 An approach to analytic integration using ordered algebraic expressions: L. I. HODGSON 47 5 Some theorem-proving strategies based on the resolution principle: J. L DARLINGTON 57 MACHINE LEARNING AND HEURISTIC PROGRAMMING 73 6 Automatic description and recognition of board patterns in Go-Moku: A. M. MURRAY and E. W. Etcomc





d i, iii 1°° 11

AI Classics

By studying biological systems, Several definitions for the term robot have been proposed principles may be discovered that can be used, perhaps by (Jablonowski and Posey, 1985). None of these definitions analogy, to improve the functional components of a robot are adequate because they exclude robot intelligence of as well as their cooperation.


By Bruce G. Buchanan

AI Classics

The nature of the business doesn't matter; in every business computers have made numerous changes in record keeping, process control, and decision-making. And there will be more. One of the most important trends in computing is making computers behave intelligently. The software underneath this intelligent behavior is called an expert system, sometimes also called a knowledgebased system, or knowledge system. An expert system is a computer program that reasons about a problem in much the same way, and with about the same performance, as specialists. This chapter is about the trend toward using expert systems: what it means, how it's possible, and how to think about it. There have been lead articles about this in Fortune, Business Week, and Newsweek; most Fortune-SOO companies are using expert systems; many are establishing research and development groups for them; even staid IBM is marketing expert systems tools and using them internally. Bruce G. Buchanan I 129 There are many reasons why companies want to build an expert system. Most of them are based on the premise that: Expertise is a scarce resource. And the corollary (by Murphy's Law): Even when there is enough expertise, it is never close enough to the person who needs it in a hurry. Because this is true, almost by definition, an expert system containing some of the knowledge of a company's specialists may have several benefits.. There are several examples of expert systems working in various problem areas. At present, they are used more as "intelligent assistants" than as replacements for technicians or experts. That is, they help people think through difficult problems and may provide suggestions about what to do, without taking over every aspect of the task. Although the problems are quite different they can be categorized into two major classes problems of interpretation and problems of construction. Interpretive problem examples include Schlumberger's Dipmeter Advisor, which replicates the expertise of some of their company-wide specialists who interpret data from clients' oil wells and then sell the expert system's interpretations around the world.