Agentic AI: Theories and Practices (Progress in IS)

This book analyzes the rise and transformative impact of generative AI agents or Agentic AI across industries, offering a comprehensive exploration of their development, applications, and implications. It highlights how these systems are revolutionizing business processes, enhancing decision-making, and reshaping entire sectors from finance to healthcare. It traces the evolution of AI agents from early programs to today’s sophisticated autonomous systems, providing a taxonomy of agent types. It then explores cutting-edge tools and frameworks for development, such as AutoGen, Langgraph, and CrewAI, offering practical insights for their deployment. Key focus areas include evaluating multiagent systems and coordination techniques, addressing challenges in communication, and conflict resolution. The book presents case studies from banking, insurance, healthcare, and cybersecurity, showcasing how autonomous agents are automating tasks and driving innovation. In turn, the book provides in-depth analyses of Agentic AI in emerging fields like gene editing, robotics, and business process automation, demonstrating its potential to accelerate scientific research and value creation. The discussion extends to economic ramifications, examining impacts on macroeconomic trends, microeconomic dynamics within businesses, and the emergence of decentralized, token-based economies. Throug