The Future Is...

The Future Is... AI and the Next Big Breakthroughs

October 11, 2023 Season 6 Episode 7
The Future Is... AI and the Next Big Breakthroughs
The Future Is...
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The Future Is...
The Future Is... AI and the Next Big Breakthroughs
Oct 11, 2023 Season 6 Episode 7

Honeywell Senior Vice President and Chief Technology and Innovation Officer Suresh Venkatarayalu shares his view on how advancements in artificial intelligence (AI) and generative AI, specifically, will continue to shape the way we collaborate, innovate and solve the world’s toughest challenges. 

Find more stories that explore the future of life and business: https://www.honeywell.com/us/en/news
Let's connect! Follow Honeywell on LinkedIn: https://www.linkedin.com/company/honeywell/
Follow Honeywell on Instagram: https://www.instagram.com/honeywell/


Show Notes Transcript

Honeywell Senior Vice President and Chief Technology and Innovation Officer Suresh Venkatarayalu shares his view on how advancements in artificial intelligence (AI) and generative AI, specifically, will continue to shape the way we collaborate, innovate and solve the world’s toughest challenges. 

Find more stories that explore the future of life and business: https://www.honeywell.com/us/en/news
Let's connect! Follow Honeywell on LinkedIn: https://www.linkedin.com/company/honeywell/
Follow Honeywell on Instagram: https://www.instagram.com/honeywell/


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Today, I'm joined by Suresh Venkatarayalu,

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Senior Vice President and

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Chief Technology Officer at Honeywell,

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to discuss what it's like to be a leader

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in this transformative time and how

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Honeywell is using emerging technologies to advance innovation.

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Thank for joining us today, Suresh.

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Thanks for having me.

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Yeah, welcome.

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So let's start off, first question.

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How will AI optimize the future of energy transition,

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automation and aviation?

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You know, I want to go back.

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Honeywell is 135-year-old company, Laura.

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Part of it is we

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are a control systems company and if we really

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go back and double click control system,

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what do we do the best?

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It's about sensing, connecting to the sensor,

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having some of the control logic

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that will close the loop.

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I think that's probably a raw definition

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of a control systems company.

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And we do this very, very well across

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various different sectors, from safety-critical

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to mission-critical systems,

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from buildings to industrial plant to an aircraft subsystems.

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Now in the last 135 years,

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how did we write a control system?

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It's heuristic rule-based engine.

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It's all embedded software.

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In the last 20 years,

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we have virtualized a control system.

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So, the industry speaks about cloud

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virtualizing the infrastructure,

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IoT, we have done that with Forge.

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But the last many, many years,

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what I call a traditional AI,

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we have been embedding 

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instead of a heuristic model,

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we are actually embedding a regression model,

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predictive model, mission vision system,

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speech recognition system.

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We're embedding the AI model so that these are a learning system,

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a learning model that

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will adapt to the dynamics of the building.

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So, the building that

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we are in right now, our corporate headquarters,

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where we have millions of

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data points, sensors that

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feed into what we call a multi-modal, which

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tends to adapt based on,

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like in this room, both of us are right here.

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How do we adapt and modulate

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the temperature and then the light

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and other controls, and then we have this algorithm.

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So, AI is pretty much ingrained more and more

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into our traditional products as we are pushing

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the envelope toward

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autonomous systems and autonomous control systems.

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Generative AI is a very interesting shift

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where we have a lot more with our install base.

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And we are trying to say: How do we really take that data,

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massive set of data sets, and how do we really

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feed the large language model?

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Do we build a knowledge repository

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to assist workers,

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assist field operators, assist pilots.

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So Suresh,

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can you give us an example then of

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generative AI in our product set?

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A couple of examples

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that I can share at this point in time:

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our plant operations

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where we have the Experion system.

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Right now, we are embedding large

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language model to see - can we

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build an operator-assisted technology?

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We just shared that with our customers

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in our annual User Group event a couple of months ago.

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We had a lot of good positive

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feedback, and I think we should take it down

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to a deployment

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or a launch with a few customers in the later part of this year.

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Second, with pilot assist, more and more in the future,

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it's going to be either single pilot or

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less crew in the operation side.

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Aerospace is really looking at it

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to really embed the generative AI.

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So, there are two broad themes, one

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in the services side and

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then also in the operational side.

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How do we seamlessly bring in generative AI that can aid

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and assist operators, workers

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and field technicians to do

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their jobs better and to impact their productivity.

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Early days, but I think we should have a

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very strong roadmap in the coming years.

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What excites you most about your work and this era of innovation?

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You know, I would want to say

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creativity, coming up with new ideas.

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But one thing that is exciting me the most now is

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an era of co-innovation.

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We are starting to spend more time with customers

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and we're trying to realize the problems that they face

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and how do we solve the problem

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through their eyes and through their processes?

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And I think that is probably going to be

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the new innovation machine that I think

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that we are changing. We're dramatically shifting

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at this point in time.

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The second area, we're also asking the question,

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how do we co-innovate with our partners and suppliers?

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Connecting the dots,

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I think that's probably one of the areas

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that I'm thrilled about - is if I'm

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able to really connect the dots of customer issues with our roadmap

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and with our supplier technology partners' roadmap.

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And if we can do

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that faster in a most innovative way,

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I think that's going to be more

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interesting for Honeywell and for

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a role like I'm playing today.

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It's pretty exciting to think about how

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generative AI can help assist with that, right?

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So, augmenting those interpersonal

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interactions with customers

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and seeing the process, with the data you can collect.

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When you think about AI driven automation,

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how does that impact,

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you know, future engineering workforce

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and given that impact,

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how would you advise the next generation of

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engineers to think about their future

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and to navigate their focus?

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It's interesting, when the first

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major launch from Microsoft

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GitHub Copilot was launched,

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I picked up probably eight different pilot groups with

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senior architects,

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piloting and probably proving how the technology works.

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I was very impressed about it.

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It's a coding assist,

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or I should call it software-coding robots or robots.

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It had a tremendous

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learning through that whole cycle from

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code generation to code modernization,

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to code testing, to documentation.

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Things that were done traditionally by

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developers and testers.

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There are a number of things that are going to be automated.

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I see the potential

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to be close to 40% waste

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that could be eliminated.

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Now, what does it mean for

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the software developers of the future?

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I see them moving slowly

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and steadily to be great designers and architects,

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spending time with customers

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and solving issues and building

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the next solution, less about coding.

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So, it's going to be an interesting shift,

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but I think it's a needed shift.

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You know, using this technology to really

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enable our subject matter experts to be close to the

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customer and to be more innovative and more strategic.

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As you know, with this podcast, we

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always like to end with a question to understand

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a little bit more about you.

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So, when you were young, what did you want

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to do when you grew up?

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I wanted to be an architect

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for many reasons.

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In the early days,

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I was fascinated with the things that I would see,

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more buildings,

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house designs architected and then how

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an architect would probably work

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with people to bring

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something from a drawing or a design

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to a thing that you

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can realize over a period of time.

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And at a point in time, I was advised that -

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what's the next best thing that you could do

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so that you could find your job

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and starting to learn and move forward?

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So, I jumped into the software world.

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I had a major in computer science, and I,

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30 years ago I did my neural net. But today,

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what I'm doing is pretty close to that, I think.

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It's all about designing,

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creating, solving for customers,

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and creating something with people.

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And something that we create solves

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issues for the people in the world.

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So, even though I had this view that I wanted

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to be a great architect and designer,

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to build buildings, but I'm

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building something that is pretty closer to it, I guess,

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which is what motivates me and

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something that

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I feel pretty good about it.

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You have so much

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opportunity driving this team and

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helping to build the future with Honeywell.

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Thank you for your time today. This has been a really great session.

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Thank you so much for your time. Thank you.