Gizmodo : Technology

Once, IBM was the world leader in AI, trotting out robots to face off against chess grand masters and Jeopardy! champions in televised media stunts. Now AI is back in the limelight, but IBM is nowhere near the front of the pack.

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ChatGPT Equbot ETF AI IBM Watson supercomputer
Equbot's chief investment officer expects an increasing number of fund managers to turn to AI in the coming years.
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IBM office in Seoul
An IBM office in Seoul, South Korea.
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In this photo illustration, the ChatGPT (OpenAI) logo is displayed on a smartphone screen.
OpenAI's ChatGPT has taken the internet by storm.
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AI Watson ChatGPT robot language tool
The Watson-powered ETF is beating a total market fund by nearly 100%.
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Joe Manchin Davos
Several executives said US Democratic Sen. Joe Manchin's permitting-reform efforts, which have hit a wall in the Senate, are the type of changes needed to make getting projects approved easier.
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Super Bowl 57 is happening soon in the U.S., so it’s time for another barrage of multi-million dollar commercials. It’s been like this for a long time, and often what is successful during the Super Bowl carries over into what is successful in the real world.

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In 1982, the Department of Justice wrapped up a 13-year antitrust case against IBM. The DOJ lost, but so did IBM. The tech landscape changed, and IBM was distracted and had to move slowly under the increased scrutiny. Microsoft and Apple swooped in and knocked IBM off its perch. 20 years later, the same thing happened…