Steve Monaghan is the Chief Digital Officer at Riyad Bank. He has a series of investments in banking and insurance using AI and new technologies in order to improve efficiency.
He started out as a commercial pilot working 22 hours a day, running the aviation company during the day and flying at night. His first contact with data came when he started using spreadsheets to automate tasks and accelerate the time in which he got them done. His career then moved from flying into technology.
For Steve, the three core laws of technology that drive data science and AI are:
Moore's Law: processing power doubles every 18 months for the same cost.He believes these 3 laws encompass the ability you have to assimilate learning into knowledge.
Quotes:
“What technology does is, it arbitrages time, and you get to live in someone else’s future, which is the most powerful proposition on the planet, and especially what data science enables one to do, is to achieve this at scale.”Read the full episode summary here: Episode #131
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--- Send in a voice message: https://anchor.fm/datafuturology/message#249 - Generative AI in Recruitment: Bridging the Gap Between Automation and Authenticity
#248: Navigating the Frontier of Generative AI in Business
#247: Navigating the Ethical Waters of Data and AI - Insights from NAB's Head of Privacy and Data Ethics
#246: Unlocking Value with Generative AI
#245 - Becoming a Successful Data Analytics and AI Leader
#244: Navigating Data Quality: Insights from the Chief Operator of Data Quality Camp
#243 Mastering DataOps and MLOps: Building a Strong Foundation for Success and Future Growth
#242: Tell me about the future of AI… Here Be Dragons?
#241 - Building AI systems with quality, holistic data
#240: Overcoming the challenges facing modern data engineering teams
#239: Building better business culture around AI
#238: Transforming Education with AI Advancements with Alex Jenkins
#237: Evolving data culture to deliver sustainable business impact, with Niall Keating, General Manager for Technology Data Platforms, Sportsbet
#236: Building ML Products at Compare the Market, with Conor O'Neill, the Head of Data Science at Compare The Market
#235: Maximising the productivity of the data-led enterprise with UNSW, EG Australia and Compare the Market
#234: Innovating with Data in Healthcare: Part Two
#233: Innovating with Data: Part One, with the Head of Data Science at Maurice Blackburn Lawyers, Jonas Christensen
#232: Getting buy in and investment from senior execs for your data & AI projects, with Brian Ferris, Chief Data, Analytics and Technology Officer at Loyalty New Zealand
#231: Revolutionising Property Technology with Modular Analytics, with General Manager, Innovation & Advanced Analytics of Investa Property Group
#230: From Walmart to ASB Bank: Achieving some of the largest data transformations in the world, with Bora Arslan
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