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Armand Ruiz, VP of AI Platform at IBM, reveals why most enterprise AI implementations fail and what Fortune 500 companies are actually building that works. He breaks down the difference between chatbots and agents, the 4-step framework powering real AI systems, and why RAG dominates 90% of enterprise use cases. ---- Transcript: https://www.news.aakashg.com/p/armand... ---- ⏰ Timestamps: 00:00 Intro 02:39 What Makes AI Agents Special 04:40 The Four Steps of AI Agents 07:14 AI Agent Development Frameworks 12:59 RAG Explained 16:55 Ads 18:46 Common RAG Mistakes 26:48 Managing Multiple AI Agents 31:39 Ads 33:57 How AI Changes Product Management 37:43 Problem Investigation vs Feature Factory 41:22 Roadmap to Build AI Agents 43:30 Can Open Source AI Win? 51:39 IBM's AI Strategy 59:32 Career Journey: Intern to VP 1:02:36 Building 200K LinkedIn Followers 1:08:18 Outro ---- 🏆 Thanks to our sponsors: 1. Kameleoon: Prompt-based experimentation platform - kameleoon.com/prompt 2. AI Evals Course for PMs & Engineers: Get $800 off https://maven.com/parlance-labs/evals... 3. Vanta: Security and compliance for fast-moving teams - https://www.vanta.com/lp/demo-1k 4. Amplitude: Mobile user engagement analytics - https://amplitude.com/digital-maturit... 5. Product Faculty: Product Strategy Certificate for Leaders (Get $550 off) https://maven.com/product-faculty/ai-... ---- Key Takeaways: 1. AI Agents vs Chatbots: Chatbots respond to queries while agents execute complete workflows. The difference between getting suggestions and getting finished work. 2. Four-Step Agent Framework: Every agent needs Thinking (reasoning), Planning (task breakdown), Action (system execution), and Reflection (learning from outcomes). 3. RAG Dominates Enterprise: 90% of enterprise AI uses RAG to connect LLMs to proprietary data. Success requires 95%+ accuracy through sophisticated evaluation. 4. Vision RAG Unlocks Value: Most business data lives in charts and tables that traditional text-only RAG completely misses. 5. Framework Selection Matters: Use coding frameworks (LangGraph, CrewAI) for complex systems. Use no-code tools (Lindy, n8n) for rapid prototyping. 6. PM Ratios Transform: Traditional 1:6-10 PM-to-developer ratios become 1:2-30 when agents handle research and documentation. 7. Prototypes Beat PRDs: Show working systems instead of 20-page documents teams misinterpret. AI enables functional demos. 8. Open Source Wins: Despite closed-source capabilities, enterprises choose open source for licensing control and infrastructure flexibility. 9. Technical Literacy Essential: Understanding agents, RAG, and frameworks becomes baseline knowledge for everyone, not just developers. 10. Implementation Reality: Enterprise RAG needs heavy data engineering. Teams underestimate accuracy requirements and engineering complexity. ---- 👨💻 Where to find Armand: LinkedIn: linkedin.com/in/armandruiz IBM AI Platform: ibm.com/ai ---- 👨💻 Where to find Aakash: Twitter: twitter.com/aakashg0 LinkedIn: linkedin.com/in/aagupta/ #AIAgents #EnterpriseAI #RAGSystems #ProductManagement ---- 🧠 About Product Growth: The world's largest podcast focused solely on product + growth, with over 185K listeners. Hosted by Aakash Gupta, who spent 16 years in PM, rising to VP of product, this 2x/week show covers product and growth topics in depth. 🔔 Subscribe and turn on notifications to master AI agent implementation!