The Reality Check on AI Agents: A Troubling Picture Emerges
Venture capitalist investments in artificial intelligence (AI) have experienced a remarkable surge, reaching $131.5 billion in 2024, a 52 percent increase compared to 2023. In the last three months of 2024, over half of all venture capital globally went to AI companies. One of the most hyped areas of AI technology is the development of “AI agents,” software products designed to complete multi-part tasks on behalf of their human users. Tech companies and corporations have been enthusiastically[…]