Inspired Insider With Dr. Jeremy Weisz | Ecommerce Interviews | Entrepreneurship | Inspirational Stories | Business Lessons

Alex Bates has spent the last decade bringing artificial intelligence and machine learning to the forefront of the industrial market. In 2016, Alex sold his company, Mtell to AspenTech for $38 million. Unlike most tech startups, Alex and his co-founder raised only $1m in funding and maintained ownership of the majority of the company. As part of the acquisition, Alex had to stay with AspenTech for two years. Now, he's dedicating his life to driving AI tech forward. Alex wrote his book, "Augmented Mind: Al, Superhumans and the Next Economic Revolution", he is an active angel investor, and he is a partner in AI incubator The Sandbox.  Here’s a glimpse of what you’ll learn: [3:10] Jeremy introduces his guest, Alex Bates. [5:15] What is the difference between AI and IA? Where did Mtelligence come from? [13:50] How did Alex and his team approach larger organizations? [15:45] Alex talks about how the business grew. How did they choose which product to focus on? [19:15] The highs and lows of a startup. [21:30] Alex