How AI Agents Differ From Agentic AI: What Businesses Need To Know
Many organizations are experimenting with AI agents. But do you understand agentic AI? This article from Forbes breaks down the differences and helps leaders assess which type of AI is best suited for specific use cases. Read the article for a practical look at what sets agentic AI apart, then contact COR Concepts to discuss how to match the right AI capabilities to your business goals.
AI agents are autonomous software systems designed to perform specific, goal-oriented tasks. They utilize tools like APIs and databases and are often built on large language models such as GPT-4. Their primary functions include areas like customer service, scheduling, and internal search. Unlike traditional generative AI, AI agents not only respond to prompts but also plan and act based on predefined user goals. For example, they have been shown to reduce customer support ticket resolution time by over 40% and improve internal knowledge retrieval accuracy by 29%.
Agentic AI represents a more advanced framework that consists of multiple specialized agents working together, coordinated by a central orchestrator. This system excels in complex environments that require dynamic planning and inter-agent negotiation. For instance, in a research lab, a multi-agent system can collaboratively write grant proposals by retrieving documents, summarizing literature, and aligning objectives, significantly reducing the time needed to produce drafts. This coordinated approach allows for concurrent execution and strategic adaptability, making it suitable for applications like supply chain optimization and autonomous robotics.
What challenges do AI Agents and Agentic AI face?
Both AI agents and Agentic AI encounter several challenges. AI agents may struggle with issues like hallucinations, brittleness in prompt design, and limited context retention. On the other hand, Agentic AI faces challenges related to coordination failures, unpredictability, and explainability. Despite these hurdles, ongoing advancements are being made to address these issues, paving the way for more effective and reliable AI systems in the future.
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How AI Agents Differ From Agentic AI: What Businesses Need To Know
published by COR Concepts
COR Concepts provides Information Governance, Records Management and Enterprise Content Management (ECM) consulting and training services. The company is built on the belief that any Information, Records or Document Management initiative should be designed to extract the maximum business benefit for the organization.
We bring together Compliance, Risk Management and Operational information requirements in a way that delivers benefits to each one of these diverse business units. Our approach is to use an array of industry standards and best practice methodologies to ensure that each implementation will stand the test of time.
We see information governance and records management as an integral part of any Enterprise Content Management implementation and focus on building a solid platform including a records management policy, records management procedures, file plans and a solid change management infrastructure. Building and implementing governance structures is becoming essential for success and we design structures to ensure that all governance aspects are included.
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