Lisa Seacat DeLuca is the most prolific inventor in IBM's history, but after 500 patents granted, she still relishes the simple pleasure of finding a solution.
"It's super fun," DeLuca told Cheddar. "Really it's just problem-solving."
Much of DeLuca's work is in what she calls the ABCs (artificial intelligence, blockchain, and cloud computing), but her main focus is on digital twins. These are precise digital replicas of physical objects that can be used for various purposes, including maintenance and optimization.
Many of her inventions are based in what's called the Internet of things (IoT). The term describes a system of interrelated computer devices that speak to each other without human input. The field also touches on mobile, cognitive sciences, GPS, and security.
"IoT is catching up," she said. "It's now possible for all of our things to become more intelligent."
Though DeLuca is credited with having an entrepreneurial spirit, her career hearkens back to an old-school ethic of corporate-led innovation.
"That's one of the fun things about working at IBM. We're such a big company. There's so many different things that we've all been touching and playing with," she said. "There's no shortage of issues and problems and things that you can invent around."
Deluca has been with IBM for 15 years. During that time, she worked her way up into the position of director and distinguished engineer.
In addition to the 500 patents granted, she's submitted another 700 inventions that are currently under review. The U.S. Patent and Trademark Office takes between three to five years to process applications, according to DeLuca.
"You got to be patient," she said. "You have a lot in the process."
Sometimes it turns out that someone else has already come up with the invention, but DeLuca said her current success rate is about 50 percent.
"You throw it out there and see, and worst case they come back and say it exists already," she said.
Shan Aggarwal, VP of Corporate and Business Development at Coinbase, discusses the company's acquisitio of Deribit as it heads into the S&P 500. Watch!
American businesses that rely on Chinese goods are reacting with muted relief after the U.S. and China agreed to pause their exorbitant tariffs on each other’s products for 90 days. Many companies delayed or canceled orders after President Donald Trump last month put a 145% tariff on items made in China. Importers still face relatively high tariffs, however, as well as uncertainty over what will happen in the coming weeks and months. The temporary truce was announced as retailers and their suppliers are looking to finalize their plans and orders for the holiday shopping season. They’re concerned a mad scramble to get goods onto ships will lead to bottlenecks and increased shipping costs.
Shopping expert Trae Bodge discusses how talks between the U.S. and China is good news for now, but uncertainty remains for back-to-school and the holidays.
Jake Traylor, White House reporter at Politico, joins Cheddar to discuss how Trump is aiming to lower drug prices and how it differs from Biden's approach.
DJ X, alongside Molly Holder, Senior Director of Product Personalization, takes us inside Spotify's A.I. DJ and how it's the best new way to listen to music.