Watson To Take On Harvard And MIT
At last week’s Information On Demand event in Las Vegas, we heard a lot about how the Watson technology is starting to permeate the marketplace.
There was much discussion around the use of Watson by Seton Hospitals using the new IBM Content and Predictive Analytics for Healthcare solution, and also about the continued expansion of Watson into other industries.
Today, we learned that IBM is headed to Harvard with Watson. Not to go back to school, but to present a Watson symposium with the Harvard Business School and the MIT Sloan School of Management.
This event is bringing together some of the brightest academic minds to collaborate on the use of advanced analytics, like those powering Watson, to transform the way the world does business.
As part of the symposium, teams of students from Harvard and MIT will put their skills to the test in a demonstration of IBM Watson’s question answer (QA) capabilities in an exhibition game of the TV quiz show “Jeopardy!”
The commercialization of Watson technology means that today’s students will require new skill sets when they enter the job market. As future leaders in a wide range of industries and entrepreneurial ventures, students will need to combine business skills and knowledge with advanced analytical techniques to compete successfully in the world economy.
For example, when applied to banking and finance industry, Watson-like technologies can uncover hidden patterns in data that can rapidly identify market trends, and provide deep, integrated risk analysis. This provides financial services professionals a more accurate picture of their market positions, helping them better assess risk and hedge their financial exposures.
“Great technology companies like IBM are converting the seemingly impossible into reality these days, to the point that it’s hard to keep up with all the digital innovations and their business implications,”said Andrew McAfee, principal research scientist, MIT.
“So we thought it would be a good idea to devote a day to discussing them, and also seeing them in action. We’re going to spend the morning talking computer science and economics with the world’s leading experts in these fields, then cheer our students on against Watson in the afternoon. I predict at least a second place finish for the MIT team.”
Harvard Business School and MIT Sloan School of Management are the first two business schools where IBM will co-host a Watson symposium.
A team of researchers from MIT, led by Boris Katz, principal research scientist at MIT’s Computer Science and Artificial Intelligence Laboratory, contributed code to the QuestionAnswer capabilities in Watson.
Harvard Business School’s Professor Shih recently wrote an in-depth case study of Watson that is will be used by MBA students in the School’s required first-year course Technology and Operations Management.