AI Agent Becomes the “New Black” of GenAI

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May 15, 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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Category

Industry

Emerging technologies

Report Type

Report

Summary

Published

May 15, 2024

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Author

Wei Sun

Wei is a senior consultant in Counterpoint specializing in Artificial Intelligence. She is also the China founder of Humanity+, an international non-profit organization which advocates the ethical use of emerging technologies. She formerly served as a product manager of Embedded Industrial PC at Advantech. Before that she was an MBA consultant to Nuance Communications where her team successfully developed and launched Nuance’s first B2C voice recognition app on iPhone (later became Siri). Wei’s early years in the industry were spent in IDC’s Massachusetts headquarters and The World Bank’s DC headquarters.

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