AI Agent Becomes the “New Black” of GenAI

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AI Agent Becomes the “New Black” of GenAI

May 16, 2024

Overview:

The recent unveiling of Devin, the world’s first autonomous AI software engineer, and Tongyi Lingma, the world’s first AI programming employee, has intensified the spotlight on AI agent technology. These developments have positioned AI agents at the forefront of generative AI (GenAI) innovation for 2024. Application level AI agents are emerging now due to the recent breakthrough of LLMs, multimodal capabilities, scalable compute power and advanced AI frameworks.

What makes AI agents increasingly important is its applicability to expand the scope of LLMs. Through sophisticated design patterns like reflection, tool use, planning and multi-agent collaboration, AI agents significantly enhance both accuracy and functionality of LLMs. With a high level of autonomy, AI agents can accomplish complex tasks while minimizing the need for human oversight. Consequently, we expect hyper-scalers and chipmakers, exemplified by Microsoft, Amazon and NVIDIA, to drive the next round of GenAI competition by channeling substantial resources into developing sector-specific AI agents and AI agent framework. They will be competing to boost AI adoption through AI agents and making the technology the new pivotal force for business growth.

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