IBM is splitting itself into two public companies
<i>We divested networking back in the ‘90s, we divested PCs back in the 2000s, we divested semiconductors about five years ago</i><p>Is it just me or does anyone else feel over the decades they've been divesting some of the best (long term) building blocks?  A company with vertically integrated silicon, compute, networking, cloud, AI, Enterprise etc. seems like it could have such an edge if only they had focused those engineering capabilities on consolidated, high-margin end products.<p>I see the other big players going the opposite direction.  e.g. Google and Amazon are building their own silicon for an edge in Cloud and AI.<p>So-called SexyIBM is just another cloud company without a distinguishing barrier to entry.  Sure, their growth will look good on paper for a few years, but when Cloud becomes commoditized (which I think is already happening), the capabilities which could have created the kind of real innovation that opens up whole new industries will have all been cleaved away.