Latest / Bloomberg Intelligence / IBM's O'Brien on the Watson AI Technology at the US Open(Audio)
Transcript
- 0:03Speaker 1: Global business news twenty four hours a day at Bloomberg
- 0:06Speaker 1: dot com, the Radio plus mobile labs, and on your radio.
- 0:10Speaker 1: This is a Bloomberg Business Flash Bloomberg World Handquarters. I'm Charlie.
- 0:14Speaker 1: Hebout forty three minutes to go ahead of the clothes
- 0:17Speaker 1: on this job's Friday, and we are brought to by
- 0:19Speaker 1: National Realty Managers of New York City cash Flow real Estate,
- 0:24Speaker 1: providing you twelve percent annualized returns with immediate monthly distributions.
- 0:30Speaker 1: See them at n r i A dot net. Now
- 0:33Speaker 1: let's head right over to the first Word Breaking news
- 0:36Speaker 1: desk for today's afternoon call, and here's Ed Lalan. Good afternoon, Charlie.
- 0:41Speaker 1: Manus averages are hired today, with the Dow ups sixty,
- 0:44Speaker 1: SMP rises eight and NASDAK gains eighteen, small capsticks Hunter
- 0:48Speaker 1: hired by six, and the US tenure y'ell at one
- 0:50Speaker 1: point six zero percent. Nine of ten SMP sectors are higher,
- 0:55Speaker 1: led by gains in utilities, energy and materials, Telecom and
- 1:00Speaker 1: healthcare lag down, Transports rise thirty, NASDAC, biotex lose seven,
- 1:05Speaker 1: Utilities up seven, and the VIX down nine percent, leaders
- 1:10Speaker 1: to the upside in the Dow include Visa, Apple, and Chevron,
- 1:14Speaker 1: while down Leaders to the downside include Nike and Walmart.
- 1:18Speaker 1: Milan falls five percent after Clinton proposes curbs for unjustified
- 1:22Speaker 1: drug price hikes. Carnival loses four percent after being cut
- 1:26Speaker 1: underweight at Morgan Stanley. Very Assigned gains six percent after
- 1:30Speaker 1: d o J letter is noncommittal in regards to competition review.
- 1:35Speaker 1: Lulu Lemon is down nine percent after missing comp sales,
- 1:38Speaker 1: comp sales and providing weak guidance, and Veriphone falls after
- 1:43Speaker 1: it cuts year adjusted EPs and revenue views. Live from
- 1:47Speaker 1: the First Word Breaking news desk, I'm at the lawn Charlie,
- 1:49Speaker 1: all right, thank you very much. Add them to hear
- 1:51Speaker 1: live breaking news over your bloom Bread kives squawk ASQ
- 1:54Speaker 1: you a w K on your terminal. I'm Charlie Pellett.
- 1:58Speaker 1: I'm that's sub bloom Bread Business Flash. You're listening to
- 2:02Speaker 1: Taking Stock with Kathleen Hayes and Pim Fox on Bloomberg Radio.
- 2:06Speaker 1: I'm Kathleen Hayes, Pim Fox on vacation. It's a day
- 2:09Speaker 1: two of our special live coverage here at the sixteen
- 2:13Speaker 1: US Tennis Open. If I need to tell you, it's
- 2:16Speaker 1: the Tennis Open. That just means you need to get
- 2:18Speaker 1: out here one of these years for a really, really
- 2:19Speaker 1: terrific event. Now we want to turn to the business
- 2:23Speaker 1: side of this, the technology side. This is so important
- 2:26Speaker 1: for the big sponsors that come to this event every year.
- 2:29Speaker 1: Elizabeth the Brian joins me now program manager for Worldwide
- 2:33Speaker 1: Sponsorship Strategy and Marketing. We're gonna talk now about the
- 2:37Speaker 1: interactive technology is cooler every year that IBM has created
- 2:41Speaker 1: for fans to use at the Open. Elizabeth, welcome, Thank you.
- 2:45Speaker 1: So what is new this year? There's cognitive courts and
- 2:51Speaker 1: IBM Watson is getting more involved than ever. So what's
- 2:54Speaker 1: at the top of the list. What the big news
- 2:55Speaker 1: really is IBM Watson playing a substantive rollout here UM,
- 2:59Speaker 1: both for the U. S t A and with the
- 3:00Speaker 1: fan experience. UM. Watson is UM a technology that's grown
- 3:06Speaker 1: and had you know, five API s back when it
- 3:08Speaker 1: won Jeopardy years ago, and now we're over forty a
- 3:10Speaker 1: p I s UM and those are sort of pieces
- 3:13Speaker 1: of function that Watson can do. And so Watson is
- 3:16Speaker 1: looking at all the photographs that the usc A photographers
- 3:20Speaker 1: are taking on the order of thousands during the tournament
- 3:22Speaker 1: and identifying players and celebrities and tagging those so that
- 3:27Speaker 1: the usc IT can actually publish those photographs out for
- 3:29Speaker 1: all the fans much more quickly, UM and expediently. I
- 3:33Speaker 1: guess uh. They're also Watson is also UM listening to
- 3:37Speaker 1: all the video that's being shot, so player interviews, video
- 3:41Speaker 1: feature segments, all the video on demand that goes on
- 3:43Speaker 1: to the digital platforms, and UM creating transcripts of those
- 3:48Speaker 1: videos so again they can post them more quickly. UM.
- 3:51Speaker 1: And the third thing Watson's doing, and this is something
- 3:54Speaker 1: that actually the public can watch Watson learned in this
- 3:57Speaker 1: case is Watson is doing the guest information piece on
- 4:00Speaker 1: the app. So if you come on site, you can
- 4:03Speaker 1: ask questions in the guest information piece UM in natural language, saying,
- 4:07Speaker 1: you know, where can I get a hamburger? And what
- 4:09Speaker 1: about a drink? You know, so, so it understands the
- 4:12Speaker 1: context of the second part of the question. In this case, UM,
- 4:15Speaker 1: and Watson is learning as it UM answers questions, so
- 4:19Speaker 1: we can answer basic questions. As it starts to get
- 4:22Speaker 1: questions that it can answer, it will learn the answers
- 4:24Speaker 1: to those and sort of grow its knowledge basis Okay,
- 4:27Speaker 1: so big company like IBM, your your brand is very
- 4:30Speaker 1: well known. You don't really need to show off your brand.
- 4:32Speaker 1: People even know about Watson. So so what do you
- 4:35Speaker 1: get out of this? Is this again to to to
- 4:37Speaker 1: make sure people the kind of uh well healed people
- 4:41Speaker 1: who are active and engaged and affluent enough to come
- 4:45Speaker 1: out here and have a great time at the US
- 4:47Speaker 1: Open are are connected to the brand. Is it because
- 4:50Speaker 1: you can try things here that you apply to other
- 4:53Speaker 1: business models. Well, all of the technology we bring here
- 4:56Speaker 1: is used for businesses around the world. So just one
- 4:59Speaker 1: example is um, you know Watson seeing and tagging photographs
- 5:02Speaker 1: I was just talking about. That's the same technology we
- 5:05Speaker 1: use to teach Watson how to read X rays and
- 5:08Speaker 1: m r s. It's the same exact technology. So there's
- 5:10Speaker 1: just a business application for an example. UM. But no,
- 5:14Speaker 1: it's not just for the fans on site, although it
- 5:16Speaker 1: does benefit the fans on site. Last year we had
- 5:19Speaker 1: over sixteen million engagements or people engaged on the digital
- 5:23Speaker 1: platforms versus in the neighborhood of seven hundred thousand who
- 5:26Speaker 1: come on site here. So it's really to help expand
- 5:29Speaker 1: the game of tennis and bring it to people wherever
- 5:32Speaker 1: they are. Cognitive Court. How smart is this court? Everything
- 5:36Speaker 1: is getting smarter than Mealizabeth now Cognitive Court is UM.
- 5:40Speaker 1: It's an area that we have actually the first time
- 5:43Speaker 1: we have fan activation on site so that people can
- 5:45Speaker 1: go in and really experience Watson. Um. We get a
- 5:49Speaker 1: lot of questions saying, where can I touch Watson? Where
- 5:52Speaker 1: can I play with Watson? And so this is an
- 5:54Speaker 1: example of sort of fun activations that can stimulate your
- 5:57Speaker 1: imagination and make you understand what the technology you can do. Okay,
- 6:01Speaker 1: how about social media and what is I mean that's
- 6:04Speaker 1: something everybody does. What what is IBM bringing its special
- 6:07Speaker 1: this year? Uh? Well Watson again, Uh, Watson doing something
- 6:11Speaker 1: kind of fun in the Cognitive Court and online where
- 6:13Speaker 1: you can do personality insights, So based on your social profile,
- 6:17Speaker 1: you can actually see which tennis players are most similar
- 6:20Speaker 1: to you, um, and uh, which celebrities might face similar
- 6:24Speaker 1: to view. We're also uh making all of the insights
- 6:28Speaker 1: from the stats and analytics and live matches share able,
- 6:31Speaker 1: so you can actually go and grab infographics and stats
- 6:35Speaker 1: and share them out on your social networks as well.
- 6:37Speaker 1: So uh, in terms of the open versus other events
- 6:41Speaker 1: that IBM gets involved into sponsors. What's special about it?
- 6:44Speaker 1: What's different about it? Oh? Well, I mean there's nothing
- 6:47Speaker 1: like tennis in New York? Right is the final Grand
- 6:49Speaker 1: Slam of the year. Um, you know each we sponsor
- 6:52Speaker 1: all four Grand Slams. Each one has a different personality
- 6:55Speaker 1: and so you know, this is the New York event.
- 6:57Speaker 1: For me, it's special. It's in my backyard. Who were
- 7:00Speaker 1: written for On the men's side, if you think it's
- 7:01Speaker 1: gonna take it, oh gosh, I really don't know. We'll
- 7:05Speaker 1: have to ask Watson. Okay, I'm gonna come fine later
- 7:07Speaker 1: you can. We can ask Watson. Watson. I'm sure we'll
- 7:09Speaker 1: have a very good answer. I guess I'll ask you
- 7:11Speaker 1: an easy one. Well, what's sounds so easy? On the
- 7:13Speaker 1: women's side, um, I would I would go with Watson again. Okay,
- 7:17Speaker 1: all right, okay, Watson, I'm coming to meet you. And
- 7:20Speaker 1: mus is definitely smarter than me, that's for sure. It
- 7:22Speaker 1: was both O Brien, thanks so much so then to
- 7:24Speaker 1: get join us here at the US Open, Program Manager
- 7:27Speaker 1: worldwide Sponsorship Strategy and Marketing for IBM, one of the
- 7:31Speaker 1: big big sponsors here at the US Open every year.
- 7:34Speaker 1: Coming up, we are going to be taking a look
- 7:37Speaker 1: at the markets, and a whole lot more. I'm Kathleen Hayes,
- 7:40Speaker 1: and this is Bloomberg. Bloomberg Taking Stock is brought to
- 7:47Speaker 1: you by willoughby Since New York City's boutique camera store
- 7:50Speaker 1: for precision craft to Tossil blood and mike A cameras,
- 7:52Speaker 1: plus a full selection of GoPro action adventure cameras. Willoughby's
- 7:56Speaker 1: at the corner of Fifth Avenue and thirty first Street,