Bank of America
Agentic AI in the Workplace Overview
Pages
7
Time to read
11 mins
Publication
Language
English
Pages
7
Time to read
11 mins
Publication
Language
English
This document is a report on the concept of agentic AI and its implications for the workplace. Agentic AI refers to autonomous AI systems that can perform tasks with limited supervision, transitioning from reactive tools to proactive collaborators. The report outlines the current state of agentic AI adoption, noting that while it remains in early stages, predictions suggest that by the end of 2025, half of all organizations will implement enterprise agents tailored for specific functions. It details the architecture of agentic AI, which consists of interaction, planning, and action layers, enabling agents to autonomously achieve goals. The report also discusses the potential productivity increases associated with agentic AI, citing a study indicating that teams collaborating with AI agents were significantly more productive. Furthermore, it highlights the need for enhanced workflow orchestration as agentic AI adoption grows, emphasizing the evolving roles of humans and AI in the workplace. The document concludes with market predictions for agentic AI's growth, estimating its total addressable market to reach $155 billion by 2030.