(IBM) (Huggingface investment)

IBM’s CEO, (who froze hiring for thousands of back-office jobs after predicting A.I. would take up to 50% of new jobs); just invested $235 million into Huggingface (an open-source AI company).

IBM has a bad track record of predicting the future movements of technology, do we think they are right on this one?

For context here is some of IBM’s track record

…and this is a concrete exampe of this in action.