business process automation – TheNewsHub https://thenewshub.in Sun, 10 Nov 2024 10:07:58 +0000 en-US hourly 1 https://wordpress.org/?v=6.7 AI agents more effective than GenAI for enterprise productivity: Deloitte Study https://thenewshub.in/2024/11/10/ai-agents-more-effective-than-genai-for-enterprise-productivity-deloitte-study/ https://thenewshub.in/2024/11/10/ai-agents-more-effective-than-genai-for-enterprise-productivity-deloitte-study/?noamp=mobile#respond Sun, 10 Nov 2024 10:07:58 +0000 https://thenewshub.in/2024/11/10/ai-agents-more-effective-than-genai-for-enterprise-productivity-deloitte-study/

NEW DELHI: Artificial intelligence (AI) agents can be a more effective tool compared to large language models (LLMs) or GenAI applications, opening up new possibilities to drive enterprise productivity and program delivery through business process automation, British professional services firm Deloitte said in a study.
With the aid of an AI agent, cases that were previously deemed too complex for GenAI can now be enabled at scale in a secure and effective manner, the study said.
By definition, the AI agent is an autonomous intelligent system that uses AI techniques to interact with its environment, collect data, and perform tasks without human intervention.
Explaining the difference between Gen AI and AI agents, the study adds that typical LLM-powered chatbots usually have limited ability to understand multistep prompts.
“They (LLM or Gen AI) conform to the “input-output” paradigm of traditional applications.
and can get confused when presented with a request that must be deconstructed into multiple smaller tasks. They also struggle to reason over sequences, such as compositional tasks that require consideration of temporal and textual contexts. These limitations are even more pronounced when using small language models (SLMs), which, because they are trained on smaller volumes of data, typically sacrifice depth of knowledge and/or quality of outputs in favour of improved computational cost and speed,” it said.
The study says that GenAI use cases have mostly been limited to standalone applications such as generating personalised ads based on a customer’s search history and reviewing contracts, among others.
On the other hand, AI agents excel in addressing the limitations while also leveraging the capabilities of domain- and task-specific digital tools to complete more complicated tasks effectively.
“AI agents equipped with long-term memory can remember customer and constituent interactions–including emails, chat sessions and phone calls–across digital channels, continuously learning and adjusting personalised recommendations. This contrasts with typical LLMs and SLMs, which are often limited to session-specific information,” the sudy adds.
The study further adds that while individual AI agents can offer valuable enhancements, businesses also need multiagent AI systems, given the limitations of single AI agents.
However, the study notes that AI agents also introduce new risks that necessitate robust security and governance structures.
“A significant risk is potential bias in AI. algorithms and training data, which can lead to inequitable decisions. Additionally, AI agents can be vulnerable to data breaches and cyberattacks, compromising sensitive information and data integrity,” it adds.



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