IBM Watson PR Tax Excitement

February 10, 2017

In one eight hour period I noticed these rah rah write ups about IBM Watson doing taxes. How timely? What a coincidence that these publications ran stories about yet another Watson achievement. Everything it seems except sustainable revenue.

Here are the write ups I reviewed:

  • Fast Company, “H&R Block’s Watson-Powered Robots Are Here To Help With Your Taxes” stating “Block and IBM say Watson has digested 600 million “data points” from past filings to learn tips and tricks.” I bet those IRS analysts love those “tricks.”
  • TechCrunch, “H&R Block Is Now Using IBM Watson to Find Tax Deductions,” stating “Beginning Sunday, February 5th, H&R Block customers will be able to interact with the new system at the company’s retail locations.” Nifty. Foot traffic for those who want H&R Block to “do” their taxes. In short, no hands on yet, right?
  • New York Times, “IBM Gives Watson a New Challenge: Your Tax Return,” stating “For IBM, the collaboration with H&R Block underlines its strategy in the emerging market for artificial intelligence technology. Watson will touch consumers, but through IBM’s corporate clients.” You may have to pay to view this apparent chunk of marketing collateral. I love the “touch” thing.

You get the idea. A huge PR push for Watson, H&R Block, a promo for a super bowl commercial, and jargon about how smart Watson because it indexes text.

Revenues? Did anyone mention revenues? Cost? Did anyone mention cost? Competitive technology? Did anyone mention competitors? Editorial rigor? Are you nuts? Rigor. What’s that?

Nah. Watson. Weakly.

Stephen E Arnold, February 10, 2017

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