Agentic AI: The Next Tech Revolution
A Personal Beginning
“The funny thing about revolutions is that no one recognizes them while they’re happening. They feel like experiments, side projects—until one day, you realize the world has tilted on its axis.” - Terry Prachett
I didn’t know it then, but that was exactly what was happening the day I got my first email address. It was the fall of my sophomore year at Cornell University. The campus IT department had just rolled out Eudora accounts to students. They handed me a slip of paper with my new handle and a temporary password. I remember thinking it was… fine. Novel, maybe even handy for sending a quick note without a phone call. But no one was using email at scale.
I walked into the computer lab at the School of Industrial and Labor Relations and logged on to the beige Macintosh, and typed my first message. I didn’t know it yet, but that simple act was my ticket into the early days of a revolution that would redefine business, culture, and the way humans connect.
Back then, the Internet didn’t feel like history in the making—it felt like a curiosity. And that’s what makes revolutions so strange: they rarely arrive with a drumroll. They sneak in quietly, then remake everything.
Then Comes the Boom
But after the quiet beginnings comes the noise.
In the late 1990s, the Internet went from being a niche utility for academics and hobbyists to the centerpiece of a speculative gold rush. Suddenly, every idea with a “.com” at the end attracted capital. Companies with little more than a business plan and a vague promise of “online disruption” were valued in the billions and signing VC deals on the back of napkins.
The pattern is as old as the Industrial Revolution: invention sparks curiosity, curiosity breeds adoption, adoption invites investment, and investment—fueled by FOMO—creates bubbles. The same thing happened with railroads in the 1800s, with radio in the 1920s, and with personal computers in the 1980s.
The hype is both a curse and a catalyst. It drives capital into the system far faster than fundamentals justify—but it also funds the infrastructure, talent, and experimentation that make the revolution stick long after the bubble bursts.
Agentic AI is now in this phase. The technology works—sometimes spectacularly—but the investment, marketing, and valuation froth is thick. History suggests that after the hype crests, we’ll see a period of cooling, consolidation, and quiet endurance. The survivors will be the companies building real, scalable value—just as Amazon, Google, and Salesforce emerged from the ashes of the dot-com crash.
In the dot-com boom, startup numbers climbed steadily but dramatically. Directories couldn’t keep pace. InternetWorld.com counted thousands of new web companies by 1999; many were still sketching out viable business models.
Today, the AI landscape is different in pace and scope. According to AscendixTech, there are over 70,000 AI-related companies worldwide in 2025—17,500 in the U.S. alone. Venture capital is flowing in torrents, with AI startups raising $100B+ in 2024. Global venture capital investment in AI for the first half of 2025 exceeded $205 billion, representing over 50% of all VC funding during that period. So the acceleration trend here couldn't be more obvious.
It feels like each successive industrial or technological "revolution" follows Moore's Law to a certain degree in that they come in half the time and are multiple times the scale of impact as the prior one with the steepest part of the exponential curve still to come.
“We are at the iPhone moment of AI.” — Jensen Huang, CEO of NVIDIA
Below are some quick comparison's of the Internet Boom to the Current AI Bubble:
Venture Capital Funding: Internet vs AI
During the Internet boom, venture capital funding to tech firms jumped from around $5B in 1995 to $70B in 2000, before the bubble burst.
The AI boom is compressing that trajectory into half the time. PitchBook data shows AI accounted for one-half of all VC funding globally in 2025, with mega-rounds for OpenAI, Anthropic, and Inflection AI redefining early-stage funding norms.
The Economic Stakes
The Internet’s economic impact was massive, but took years to materialize. By 2009, McKinsey estimated it contributed 3.4% to GDP in large economies.
AI, according to PwC and McKinsey, could add up to $15.7T to the global economy by 2030—more than the GDP of China today.
“Agents are not only going to change how everyone interacts with computers… they’re proactive... they improve over time because they remember your activities.” — Bill Gates
The Human Side: Jobs and Society
In the dot-com years, many feared mass layoffs as technology ate retail, travel, and publishing. What followed was disruption—but also entirely new categories of work: web design, digital marketing, e-commerce logistics.
With AI, the potential reach is wider. Goldman Sachs research suggests up to 7% of global jobs could be displaced in the coming decade, especially in administrative and white-collar sectors. Interesting to note that the exact sector driving the change is where a significant amount of layoffs are happening with over 150,000 tech jobs being impacted last year.
“The future of AI is not about replacing humans, it’s about augmenting human capabilities.” — Sundar Pichai
“Without careful planning, AI could replace half of all white-collar jobs.” — Jim Farley
It will be interesting to see what the jobs of future will be created by this wave of innovation.
Below is a list of some potential possibilities:
AI Development & Maintenance Ecosystem
AI + Industry Hybrids
Ethics, Regulation, and Trust
Human-AI Collaboration Roles
Entirely New Sectors
Jobs That Might Scale With AI
Key takeaway? The AI revolution won’t just “replace” jobs — it will shift labor into new domains, much like how the internet created roles that were unimaginable in 1980. The biggest winners will likely be people who blend human judgment + creativity + AI fluency. While it appears that software / AI will eat everything, the next two decades may be defined by the physical manifestation of the AI in the real world: robotics.
Stories from Two Eras
Dot-com Banner Waver: theGlobe.com — Founded in 1995, it went public in 1998 with a 606% first-day stock price increase—still the record. Within two years, it had collapsed.
AI Banner Waver: ChatGPT — Launched by OpenAI in November 2022, it reached 100 million users in two months—the fastest adoption of any consumer app.
Infrastructure: Picks and Axes, Razors and Razorblades
In every revolution, there is the technology driving it and the infrastructure required to support it. "There is gold in them there hills" for those who build businesses that serve as the enablement layer.
Internet era: Cisco, Sun Microsystems, AWS.
AI era: NVIDIA (compute), cloud hyperscalers (Are Data Centers Back?), LLM infrastructure platforms (Scale AI).
“AGI could be here within five to ten years and cause societal transformation ‘10 times bigger than the Industrial Revolution.’” — Demis Hassabis
Where This Goes Next
The Internet gave us the ability to share information instantly. Agentic AI gives us the ability to act instantly—delegating reasoning, planning, AND execution to machines.
The question isn’t whether AI will change the world. It’s whether we’ll shape it with the foresight the Internet era lacked—building governance, ethics, and inclusivity into the foundation.
If the Internet was the “information superhighway,” Agentic AI might be the autonomous vehicle driving it—taking us further and faster, but requiring trust in its judgment and skill.
I have been using AI everyday as we build an AI driven business at Cairns Health. Even though many are using it early and often, AI is still relatively immature in its development. It is both scary and exciting to imagine where AI could potentially impact our futures as we live through its evolution in the present.
Chief Information Officer, Sequoia Living. Healthcare Technology & Operations Leader. AgeTech expert. Startup & Venture Capital/Private Equity Advisor.
1moWe underestimate both its potential and the unanticipated consequences that will come with it.
AI’s not replacing jobs, it’s reshaping industries. From AI companions to neuro-AI integrators, the future’s about blending human brilliance with tech.
Commercial Real Estate Finance | Community Builder
2moJames Edwards Article: Internet “may be just a passing fad as millions give up on it”
AI & Machine Learning | I Do Not Need a Financial Planner | AWS Cloud | Mission-Focused Technology
2moNot hype. Agentic AI is already changing the world. It can write sophisticated code, create documents, and will replace basic administrative tasks. Basically, everything that was hyped about process robotics will actually be done by agentic.
Chief Executive Officer at Fresh Tri
2moI think both sides of the argument are true: AI will take some jobs away and create entirely new ones we can’t yet imagine. Just like the Internet did. The challenge is preparing our workforce for the transition rather than debating whether it’s coming.