IBM's Jeopardy!-winning supercomputer, Watson, has done game shows and diagnostic medicine, and now it's moving on to Wall Street.
IBM is hiring Watson out to Wall Street firms, where it will provide analysis of risks, portfolios, and clients. Citigroup is the first firm to sign up for its services, which IBM hopes will generate "billions" in profit.
According to Bloomberg, Watson can "comb 10-Ks, prospectuses, loan performances and earnings quality while also uncovering sentiment and news not in the usual metrics before offering securities portfolio recommendations," as well as monitoring news sources and social media for fresh intelligence.
Its major weaknesses thus far are its lack of fluency in languages other than English and "sluggish" processing of social media feeds.
IBM hasn't commented on whether the Watson avatar that appeared on Jeopardy! will be outfitted with a power tie and a Gordon Gekko voice module.