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by tekchip
3 hours ago
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IBM doesn't do technology they do contracts. Any "technology" is marketing stunts. They hire a bunch of "fellows" outside contractors to make a thing they can be first at or whatever, do the stunt, then get a bunch of 5-10 year contracts with customers off the stunt. They then fuck it up for that length of time but still get paid due to those contracts. After that space of time the folks theyve burned have moved on, rinse repeat. Pretty easy to look back at the timeline of "firsts" they have and see the pattern. |
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Upon closer inspection the $1B is (a) over 10 years, (b) mostly internal cross-billing between departments.