Last night on Jeopardy, a machine beat two humans in a game that requires the kind of contextual understanding once thought impossible for computers. IBM's supercomputer Watson beat two of Jeopardy's all-time greatest champions, Ken Jennings and Brad Rutter. How significant of a milestone is this? In his final Jeopardy answer, Jennings jokingly wrote "I for one welcome our new computer overlords." That might be jumping the gun, but what does this historic Jeopardy victory say about the future of innovation?