> "The companies that are advancing machine learning and AI don't brand it with some nominally specious name that's named after a Sherlock Holmes character."<p>The fact that he doesn't check a statement before speaking it on TV really speaks to how seriously you should take the rest of the article.<p>>IBM isn't at the forefront of artificial intelligence, Social Capital CEO and founder Chamath Palihapitiya told CNBC on Monday, and he certainly isn't a fan of IBM's Watson.<p>>"At the end of the day, when you are making deep methodical investments in technology companies, it is fundamentally first and foremost about the jockey," he said.<p>Err, so does the tech matter or not?