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(The New York Times)   Ever wonder what happened to Dragon Technologies, the company that had "Siri-like" voice recognition software on the market almost a decade ago? The short answer? Goldman-Sachs fatally screwed them over   (nytimes.com) divider line 27
    More: Sad, Dragon Systems, diplomatic recognition, due diligence, Henry M. Paulson Jr., dot-com bubble, Goldman Sachs, financial advice  
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22258 clicks; posted to Main » on 16 Jul 2012 at 2:25 PM   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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View Voting Results: Smartest and Funniest


Archived thread
2012-07-16 02:31:17 PM
9 votes:
s1.static.gotsmile.net
vpb [TotalFark]
2012-07-16 01:55:22 PM
7 votes:
Job creators.
2012-07-16 04:08:23 PM
3 votes:
I don't goat what you guys on hear are talking boat. I use the vase recognition pogrom that comes with Windows and it works grate. In fact, I'm using it write now. It's really helpful.
2012-07-16 03:52:19 PM
3 votes:
WarszawaScream: Sad to hear this, always loved Dragon's stuff.

Yeah, me too.

upload.wikimedia.org
2012-07-16 03:43:34 PM
2 votes:
Lot of antisemitism in this thread...
2012-07-16 02:43:15 PM
2 votes:
jayhawk88: You'll end up spending 5 hours doing a task you could have done in 30 minutes if you'd just learn to type, but hey, voice!

Yeah! And what is the deal with all of those handicap people? They should just type with their bootstraps.
2012-07-16 02:10:58 PM
2 votes:
Rincewind53: If I didn't think the NSA was reading any post containing the word "bomb" I would say that if what happens to the financial institutions at the end of Fight Club happened to Goldman Sachs, the world would be a better place. But because I do, I won't.

Well, that's only because you just broke rule number 1: Do NOT talk about Fight Club!
2012-07-16 09:22:39 PM
1 votes:
jayhawk88: "Siri like", lol. Dragon was crap. "Oh hey, spend an hour reading War and Peace to train our software, and you'll get an astounding 80% accuracy rate! You'll end up spending 5 hours doing a task you could have done in 30 minutes if you'd just learn to type, but hey, voice!"

Interesting that my wife had a much smoother experience with, last time she mentioned it years back, over 96% accuracy. Maybe your computer just doesn't like you? Have you tried giving it a name and petting it reassuringly?

/or maybe my wife's accent or rhythm was just a better fit for their algorithms. But making friends with your computer surely couldn't hurt!
2012-07-16 08:33:21 PM
1 votes:
LMark: Amos Quito: Lot of antisemitism in this thread...

huh?


What, you aren't used to him by now?

i.imgur.com
2012-07-16 07:23:07 PM
1 votes:
dbaggins: the question is, how much to GS actually liable for in a deal like this ? For the entire value of the whole company ?

Goldman is liable for whatever the jury says they're liable for.

The plaintiff is asking for a one BILLION dollars. Given Goldman's gross negligence, they could get it. I'm pretty sure Dragon owned the key patents in this industry. Considering that patents last 20 years, many of them are probably still very very valuable today. Perhaps a lot more valuable today. Voice dictation never saw a huge mindshare on PC, but it's big and getting bigger on smart phones. Given that mot newer smart phones will need a license for those patents, a billion doesn't seem far fetched at all.

In reality, it probably won't get to a jury award. Goldman is so screwed here that they'll probably settle. The plaintiff probably wants money now and doesn't want to wait through a decade of appeals, so they'll probably accept a reasonable settlement. What's reasonable for a billion dollar asset? My guess would be 200 to 350 million, with the standard third going to their lawyers. Not a billion, but enough to buy a solid gold house and a rocket car.
2012-07-16 05:40:06 PM
1 votes:
ladyfortuna: On the subject of the disabled who use it, I don't suppose anyone here knows a cheap but legal way to get a Windows 7 compatible copy of Dragon? My friend, who is pretty severely physically disabled, often has trouble typing because her fingers don't quite work correctly either and she said it hurts to do so. She was looking for it recently and I'd like to point her in the right direction.

if she's lonely enough to want to use Windows maybe you should have SEX with her??
2012-07-16 04:34:20 PM
1 votes:
ladyfortuna: My dad continues to buy Word Perfect from them for some unknown reason. I think it's just that he's been using it for like fifteen years and refuses to learn a new program.

Word Perfect still exists? Holy crap.
2012-07-16 04:09:55 PM
1 votes:
Torchsong: I don't goat what you guys on hear are talking boat. I use the vase recognition pogrom that comes with Windows and it works grate. In fact, I'm using it write now. It's really helpful.

Canadian-like speaking detected
2012-07-16 04:04:35 PM
1 votes:
Magorn: Debeo Summa Credo: Goldman Sachs! Goldman Sachs! Goldman Sachs!!

/please, deals go bad
//whiny bakers made a bad deal, didn't get accountants to vet the books of the acquiring company, chose the highest bidder instead of a high profile acquirer
///but Goldman has deep pockets, so sue sue sue!

SO in your twisted world what SHOULD Goildman have been doing if not Vetting the proposed merger partners? What were they doing for their $5 MILLION dollar fee?


Exactly what they are doing right now.
Existing, lying and stealing to hide the Ponzie at their core.

Like Fonzie of yore, they are phoney charactertures of success, created by scripting and sustained by writing theatric plots the audience suspends credibility to adore.
2012-07-16 03:41:14 PM
1 votes:
Theaetetus: ... and if so, do you need a coat holder?


I recommend the Modified Wooden Coat Holder.
2012-07-16 03:26:29 PM
1 votes:
jafiwam: Nope.

Because I am not a retard and can type. Heck, I can type faster than I can talk. People who can't type should stay away from computers.

If I liked to talk, I wouldn't be working with computers, I'd be a salesweasel or something instead.


And you've completely missed the point.

The issue was the technology that existed in 1999 and the complex algorithms that made it work. The Bakers were pretty smart people. They were smart enough to think up the technology. They were smart enough to know that it was going to be incredibly popular outside of the narrow context that you boxed it into. If you read the article you'll see that the technology was bought a Ford subsidiary (heard of the "Sync" system in Ford vehicles?) and the other by a company with a licensing agreement with Apple (Siri make me sandwich).

They were also smart enough to recognize that they weren't smart enough to work through the complexities of a sale of the company on their own, so they hired G/S. Somebody up-thread equated this to hiring a bodyguard who then stood by and watched them get raped. I'd go further than that. They paid the bodyguard 5 million and for that they got raped and robbed.

I work in IT as well, and have no use for voice recognition technology at work, but I love telling my phone to text my wife while I'm driving and have it do it perfectly.

I think you need to get out more.
2012-07-16 03:21:44 PM
1 votes:
This would be a great test for our folks down at the Supreme Court. Dragon Technologies should report GS to the police for an investigation in to fraud. Since corporations are just like people, it should be no problem to have a uniform officer walk in to GS and place the business under arrest. If there is evidence of fraud, the judge may freeze GS's assets. That would be fun.

/dreamer. You stupid little dreamer
2012-07-16 03:11:42 PM
1 votes:
jafiwam: Nope.

Because I am not a retard and can type. Heck, I can type faster than I can talk. People who can't type should stay away from computers.


Just to check, it would still be immoral to hope a chimpanzee pulls your hands off or gives you some muscle wasting disease so you can realize how stupid you sound, right?
2012-07-16 03:10:47 PM
1 votes:
Delete! DELETE!
2012-07-16 03:01:37 PM
1 votes:
Lor M. Ipsum: Yeah! And what is the deal with all of those handicap people? They should just type with their bootstraps.

GOP Typing for the Disabled

freebies.site40.net
2012-07-16 02:57:43 PM
1 votes:
I presume there's some Nuance between Dragon Technologies and Dragon NaturallySpeaking.
2012-07-16 02:50:42 PM
1 votes:
If you cram a whole bag of doritos into your face and then mumble out the bhagavad gita well then yeah, it's not gonna go so well, but if you enunciate and speak with your mouth open, naturally speaking was pretty good (dictate was "good for its time but still crap"). The training took fifteen minutes or so, which felt pretty long near the end but that's what it takes to give it a good baseline so "Mike" from Dell tech support, Cooter from Cow Arse, NB and Lord Chesterington Haughtingtonhaugh from Oxford can all use the thing equally well.Mousegrid and phonetic alphabet support made it one of my favorite toys.

/switch to command mode
//mousegrid
///eight five four
///click
2012-07-16 02:41:25 PM
1 votes:
NIXON YOU DOLT!!!!!: Their software sucked. Still does. If the slowest typist in my office can outperform your software, it's not ready for the market.

Nice to see an expert taking some time from their busy day to weigh in on the discussion.
2012-07-16 02:40:31 PM
1 votes:
... and if so, do you need a coat holder?
2012-07-16 02:06:02 PM
1 votes:
If I didn't think the NSA was reading any post containing the word "bomb" I would say that if what happens to the financial institutions at the end of Fight Club happened to Goldman Sachs, the world would be a better place. But because I do, I won't.
2012-07-16 01:59:29 PM
1 votes:
bdub77: Protip, folks: Never do business with Goldman Sachs unless you want to get screwed out of your money. Those guys are professional conmen.

The recent history of goldman sachs is quite interesting. You have to ask why they havent all been shot already.
Between Greece and well pretty much everything.

"In his March 2012 resignation letter, printed as an op-ed in The New York Times, the former head of Goldman Sachs US equity derivatives business in EMEA attacked the company's CEO and president for losing the company's culture, which he described as "the secret sauce that made this place great and allowed us to earn our clients' trust for 143 years". Smith said that advising clients "to do what I believe is right for them" was becoming increasingly unpopular. Instead there was a "toxic and destructive" environment in which "the interests of the client continue to be sidelined", senior management described clients as "muppets" and colleagues callously talked about "ripping their clients off""

MUPPETS
LOL
2012-07-16 01:07:44 PM
1 votes:
The last time I used any of their software was 1996, but it was pretty clear they were onto something big. It worked tons better than anything else at the time.
 
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