How agentic AI is transforming the very foundations of business strategy

Business is on a never-ending quest to boost efficiency, cut costs, and increase productivity. Some of the earliest known businesses -- ancient Mesopotamian traders -- inspired the invention of writing. (Record keeping -- now that's a competitive advantage!)

Similar needs have existed in every economic period. The big difference now is that AI technology can boost these efficiencies in new and exponentially profitable ways. Agentic AI is at the core of this efficiency boost.

According to Dan Priest, chief AI officer at PwC US, "agentic AI refers to AI systems that can autonomously perceive, decide, and act within a defined scope to achieve goals, capable of collaborating with humans, systems, or other agents." (PwC, a.k.a. PricewaterhouseCoopers,  is one of the "Big Four" -- the world's four largest professional services firms.)

Also: 5 ways to be a great AI agent manager, according to business leaders

Agentic AI systems ...