alt Hacker News> Did anything come out from those billions?
Per wikipedia:
IBM employees have garnered six Nobel Prizes, seven Turing Awards,
20 inductees into the U.S. National Inventors Hall of Fame, 19 National Medals of Technology,
five National Medals of Science and three Kavli Prizes. As of 2018,
the company had generated more patents than any other business in each of 25 consecutive years.Replies
The thing is, Nobel Prizes and other awards don't pay the bills.
Patents do, but in most cases it's trivial patents or patents for a "mutually assured destruction" portfolio (aka, you keep them in hand should someone ever decide to sue you).
That's a fundamental problem with how the Western sphere prioritizes and funds R&D. Either it has direct and massive ROI promises (that's how most pharma R&D works), some sort of government backing (that's how we got mRNA - pharma corps weren't interested, or how we got the Internet, lasers, radar and microwaves) or some uber wealthy billionaire (that's how we got Tesla and SpaceX, although government aids certainly helped).
All while we are cutting back government R&D funding in the pursuit of "austerity", China just floods the system with money. And they are winning the war.
Every year they grant prizes. If hardly anyone is doing core R&D because of cost cutting, there is a higher chance those doing the smallest amount of R&D get the prizes.
A Nobel in 2026 doesnt carry the same weight as a Nobel in 1955.
> the company had generated more patents than any other business in each of 25 consecutive years.
A couple things about those patents, from a former IBMer who has quite a few in his time there.
First, not all patents are created equal. Most of those IBM patents are software-related, and for pretty trivial stuff.
Second, most of those patents are generated by the rank and file employees, not research scientists. The IBM patent process is a well-oiled machine but they ain't exactly patenting transistor-level breakthroughs thousands of times a year.