The document discusses building chatbots using IBM Watson. It provides an overview of IBM Bluemix and IBM Watson, including how Watson was developed and commercialized. It also discusses Watson's capabilities in natural language processing, machine learning, and cognitive computing. The document reviews Watson's ecosystem and common use cases for various companies. It examines SDKs for building conversational interfaces and the limitations of current natural language understanding technologies. Finally, it describes the key components of Watson Conversation for developing chatbots, including intents, entities, and dialog flow.