IBM (IBM) shares are down 0.24% to $204.50 in pre-market trading as of 7:46 AM on November 18, 2024, as investors continue to debate the company's AI strategy and competitiveness in the rapidly evolving market. Despite IBM's early lead with Watson, Reddit users are expressing skepticism about the company's current AI offerings. One user commented, "It's funny because IBM got a huge head start with Watson when nobody else was talking about it. Next thing you know, they've been surpassed by competitors with much less experience but better execution." Another user criticized IBM's approach, stating, "Trying to allow people to run anywhere .. hybrid cloud etc.. never allows them to move past the platform and add features because they always have to be developing that as well." Some users pointed to leadership issues, with one noting, "The execs that run IBM are only concerned about playing financial games with Wall Street. Everything else is a means to that end." Despite these concerns, a few users see potential in IBM's strategy, with one suggesting, "I think there is a market for an AI solution that can meet federal regulatory standards especially in Europe."