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Copilots Are Out; AI Agents Are In for big tech and Top 5 AI Agents to Start Using Today.
This week, at their annual conferences, Microsoft, Salesforce, Workday,Oracle and ServiceNow have all highlighted their focus on AI agents as a key part of their strategy. Why? AI agents now have better memory and planning abilities, allowing them to remember context better and make smarter decisions unlike Copilots.
Ghita El Haitmy
CEO & Content Creator @ Techbible
But what exactly differentiates an "agent" from a "copilot"?
AI Copilots were essentially AI assistants integrated into software suites, assisting users by suggesting or generating content as they type, pulling data, or offering code suggestions. They were good at offering support but couldn’t act independently.
AI Agents, on the other hand, represent a leap forward. These systems are not just passive tools but active participants that can complete tasks on behalf of users. Thanks to advances in AI, these agents can remember past interactions for better context, connect to various applications through APIs, and execute tasks, transforming them into proactive tools rather than just supportive ones.
Reliability Concerns
The concept sounds great—agents that not only operate independently but also tweak their functionalities based on business data and workflow specifics. However, transitioning to this model hasn't led to a substantial revenue boost yet, as the industry remains skeptical about monetizing these capabilities effectively. Critics and industry watchers are cautious, pointing out that the tendency of these AI systems to produce unreliable "hallucinated" data could be risky if not tightly managed.
This skepticism doesn’t stop companies from pushing the envelope; take Klarna for instance. Last month, Klarna’s CEO dropped a bombshell, claiming they would cut their workforce by half by utilizing AI to develop their internal software, moving away from established providers like Salesforce and Workday. It’s a bold move that illustrates the disruptive potential of AI in reducing reliance on traditional software models.
So, where does this leave the software market? While the technology promises to reshape productivity and work management, the exact economic implications and pricing models are still up for speculation. Salesforce is experimenting with a conversation-based pricing model, charging $2 for each interaction with its AI, reflecting a broader industry trend towards outcome-based pricing. These changes could signify a major shift away from traditional per-seat licensing to models more aligned with usage and effectiveness.
Evoking parallels with the initial cloud migration, which unsettled revenue models for a lot of tech firms, this pivot to AI-centric services might be equally turbulent. Industry experts suggest that while the old guard of software may be best positioned to navigate this shift, the transformation to agent-based systems will not be without its challenges.
All in all, the software landscape is facing an overhaul that could drastically alter how businesses operate and how we think about productivity software.
Off-the-shelf AI Agents you can start using today
If you're ready to dive into integrating AI agents into your workflow, a variety of tools are available off-the-shelf that can automate an impressive range of tasks. Here’s my favorite 5 and an overview at what they can do for you:
Casca - AI Loan Assistant
What it does: Streamlines the loan application process. Automates document collection. Speeds up credit checks.
Who it works with: Integrates with credit bureaus and bank systems, helping you manage loans without juggling different platforms.
Actively AI- AI for Sales Efficiency
What it does: Identifies and targets the best prospects. Crafts personalized messages automatically. Manages all your daily sales outreach tasks.
Who it works with: CRM systems to keep all your information synced and up-to-date.
Relevance AI - Automate Across Departments
What it does: Automated customer support responses. Marketing content generation and management. Research data collection and trend analysis. Operations and process automation.
Who it works with: Works with major software tools through APIs and Zapier, making it super easy to fit into your existing workflows.
Induced AI - AI for Outsourcing
What it does: Reduces turnaround time for operations. Provides a hybrid model that combines AI automation with human oversight for accuracy. Enhances various business operations by speeding up processes.
Who it works with: API
11x AI - Featuring AI SDR "Alice"
What it does: Finds and contacts potential customers. Personalizes communications for effective engagement. Automates the entire sales cycle.
Who it works with: Seamlessly integrates with your existing sales and marketing tools, making Alice an extension of your team.
By incorporating these AI tools into your workflow, you're setting up your business for better efficiency and growth. These tools are designed to fit seamlessly into your existing systems, meaning you can start seeing benefits without having to revamp your whole tech setup. Whether you're managing loans, boosting sales, or providing timely customer support, there's an AI tool ready to help you get the job done more effectively. Choose the best fit for your needs and watch as these AI agents transform the way you work!
Summary
But what exactly differentiates an "agent" from a "copilot"?
Reliability Concerns
Off-the-shelf AI Agents you can start using today
5 Min Read