2024: The State of Generative AI in the Enterprise — from menlovc.com (Menlo Ventures)
The enterprise AI landscape is being rewritten in real time. As pilots give way to production, we surveyed 600 U.S. enterprise IT decision-makers to reveal the emerging winners and losers.

This spike in spending reflects a wave of organizational optimism; 72% of decision-makers anticipate broader adoption of generative AI tools in the near future. This confidence isn’t just speculative—generative AI tools are already deeply embedded in the daily work of professionals, from programmers to healthcare providers.

Despite this positive outlook and increasing investment, many decision-makers are still figuring out what will and won’t work for their businesses. More than a third of our survey respondents do not have a clear vision for how generative AI will be implemented across their organizations. This doesn’t mean they’re investing without direction; it simply underscores that we’re still in the early stages of a large-scale transformation. Enterprise leaders are just beginning to grasp the profound impact generative AI will have on their organizations.

Business spending on AI surged 500% this year to $13.8 billion, says Menlo Ventures — from cnbc.com by Hayden Field

Key Points

  • Business spending on generative AI surged 500% this year, hitting $13.8 billion — up from just $2.3 billion in 2023, according to data from Menlo Ventures released Wednesday.
  • OpenAI ceded market share in enterprise AI, declining from 50% to 34%, per the report.
  • Amazon-backed Anthropic doubled its market share from 12% to 24%.

Microsoft quietly assembles the largest AI agent ecosystem—and no one else is close — from venturebeat.com by Matt Marshall

Microsoft has quietly built the largest enterprise AI agent ecosystem, with over 100,000 organizations creating or editing AI agents through its Copilot Studio since launch – a milestone that positions the company ahead in one of enterprise tech’s most closely watched and exciting  segments.
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The rapid adoption comes as Microsoft significantly expands its agent capabilities. At its Ignite conference [that started on 11/19/24], the company announced it will allow enterprises to use any of the 1,800 large language models (LLMs) in the Azure catalog within these agents – a significant move beyond its exclusive reliance on OpenAI’s models. The company also unveiled autonomous agents that can work independently, detecting events and orchestrating complex workflows with minimal human oversight.

Now Hear This: World’s Most Flexible Sound Machine Debuts — from
Using text and audio as inputs, a new generative AI model from NVIDIA can create any combination of music, voices and sounds.

Along these lines, also see:

AI Agents Versus Human Agency: 4 Ways To Navigate Our AI-Driven World — from forbes.com by Cornelia C. Walther

To understand the implications of AI agents, it’s useful to clarify the distinctions between AI, generative AI, and AI agents and explore the opportunities and risks they present to our autonomy, relationships, and decision-making.
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AI Agents: These are specialized applications of AI designed to perform tasks or simulate interactions. AI agents can be categorized into:

    • Tool Agents…
    • Simulation Agents..

While generative AI creates outputs from prompts, AI agents use AI to act with intention, whether to assist (tool agents) or emulate (simulation agents). The latter’s ability to mirror human thought and action offers fascinating possibilities — and raises significant risks.