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#27 Dr. Mark Nasila - Chief Analytics Officer
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