Companies are still working to understand and implement generative AI, making the widespread adoption of agentic AI a gradual process. There’s a “fear of missing out” (FOMO) among businesses, but they are not truly “behind” given the early stage of this technology.
This episode of “Utilizing Tech” features Nick Patience, VP and Practice Lead for AI at The Futurum Group, who offers a realistic view on the timeline and current state of agentic AI. The discussion emphasizes that while generative AI is still being understood, the industry is already advancing toward agentic AI, which involves AI applications that can pass data and utilize tools to serve users.
While new startups focusing on agentic operations and governance will emerge, we do not expect an entirely new software industry. Instead, established application vendors like Salesforce, Oracle, and Microsoft are developing their own agentic tools and platforms, resulting in a platform shift and changes in pricing models.
As AI becomes more autonomous, trust issues will increase, especially when software runs other software. There is a vital need for governance tools and eventually legislation to guide and regulate these powerful technologies to ensure widespread adoption and safety.