AI Perspectives
Why agentic AI is the next venture frontier
Chatbots answer questions; agents do work. Here is why agentic AI changes software economics and what investors should look for.
The first wave of generative AI produced assistants that answer questions. The second wave produces agents: systems that plan, call tools, take actions and complete multi-step tasks on behalf of a user or a business.
This shift changes software economics. Traditional software is sold per seat; agentic software can be sold per outcome — a published article, a resolved ticket, a monitored market. That lets small companies capture budgets that used to go to services and headcount.
When we evaluate an agentic company, we ask three questions. Does the agent complete work end to end? Does it improve with every task? And can the customer verify the result? Companies that answer yes to all three are rare, and they are exactly what we back.
Frequently asked questions
What is agentic AI?
Agentic AI refers to systems that can plan, use tools and take actions autonomously to complete multi-step tasks, rather than only generating responses.
