This is IBM attempting to use enterprise artificial intelligence to accelerate technology in science, medicine and business. If they succeed this could be the first real artificial intelligence acceleration of technological development and they are attempting to enhance the productivity of science and business. It is a huge lift that is being attempted and it would not be a fast iteration of improvement. It is not like the vision of vastly greater than human level artificial intelligence setting off an explosion of intelligence.
IBM unveiled three new Watson services delivered over the cloud.
1) Watson Discovery Advisor, is designed to accelerate and strengthen research and development projects in industries such as pharmaceutical, publishing and biotechnology.
2) Watson Analytics, delivers visualized Big Data insights, based on questions posed in natural language by any business user.
3) IBM Watson Explorer, helps users across an enterprise uncover and share data-driven insights more easily, while empowering organizations launch Big Data initiatives faster.