Manuj Aggarwal: Embrace AI for the Future
About Manuj Aggarwal: Manuj Aggarwal is the Chief Technology Officer of TetraNoodle Technologies, a company he founded in 2000 that provides startups with technology consulting and ongoing education. Manuj started as a factory worker in India, earning $2/day, and ended up in the boardrooms of Fortune 500 companies in Canada and the USA. Located in Vancouver, Canada, TetraNoodle has served clients ranging from startups to large corporations. They are focused on empowering businesses with Artificial Intelligence (AI) capabilities. They are an end-to-end service provider for all AI and technology solutions. They do whatever it takes to enable AI capabilities for your organization. Whether building data engineering pipelines, enabling cloud migration, developing data products to validate AI models, or performing QA, they provide the full spectrum of services necessary to succeed in your AI plans. They work with three kinds of customers: Early-Stage Startups that want to embed AI into their products, Small and Medium Businesses that cannot have their own AI teams, and Large Enterprises that need AI expertise to guide their teams. Check out the latest episode of our Conversational Selling podcast to learn more about Manuj.
In this episode, Nancy and Manuj discuss the following:
- Manuj's background in technology and AI
- The concept of data being the new oil and AI being the new engine
- How AI can be both beneficial and potentially harmful, depending on its use
- The overlap between technology and human psychology
- The need for businesses to embrace technology, particularly AI, to stay competitive
Key Takeaways:
- Data can now be converted into dollars.
- You can create powerful solutions once you understand how to utilize data and use AI to crunch big numbers.
- AI is a tool to help you be creative faster.
- We are entering a vast new era of a new way of doing work. Every company is going to be a technology company moving forward.
"The world always values useful resources. So, we consume oil. That's a very valuable resource. We consume food. All kinds of materials that we consume are resources. And people who own that resource can charge money for it. Now, if you look at platforms like Facebook or Twitter, they are, or even Google, giving away everything for free. You can use most of the Google products for free, Facebook for free, and Twitter for free. So, how are these companies making so much money? Yeah, by advertising based on the data that they collect on you." – MANUJ
"Yeah, every business grows based on a few factors. One is whether they have a great team managing the business. Another one is whether they have good brand credibility in the market. Another one is whether customers are coming in regularly into their storefront or what have you. All of these take a massive amount of skill and energy. You need to find trained people, experienced people. But imagine if you could use AI to supplement their capabilities. So, let's say if you have a team of five people and use AI to double their productivity in the next 30 days, right? That means your business will grow double within the next 30 days." – MANUJ
"See, the thing is that AI is analyzing data and recognizing patterns in that data. So, our world is complex. So, I'll give you an example. So, let's say a child, a 10-year-old child, touches a hot stove. They will know that they shouldn't touch it next time because it will hurt. So, our mind has learned one data point. And it has become intelligent now that this is the wrong action to take. But let's say that child is in the middle of Antarctica, and they are wearing heat-resistant gloves, and it's really chilly out there. And now they touch the stove, it will feel warm and pleasant, not hot. So now their mind is learning that, OK, even there are variations of this situation. So, if the parameters are correct, it may be OK to touch the hot stove. Right? Yeah, so our mind collects this data and then understands these patterns. But let's say extrapolate that to large problems like climate change or finding a cure for cancer or anything like that. There are millions and millions of parameters involved in that." – MANUJ
Connect with Manuj Aggarwal:
- LinkedIn: https://www.linkedin.com/in/manujaggarwal/
- Personal: https://manujaggarwal.com/
- TetraNoodle:https://tetranoodle.com/
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