Five Questions In-house Counsel Should Ask About Agentic AI In Financial Services

It hasn't been long since the generative AI boom first shook the market, requiring businesses, legislators and courts to urgently consider how to adapt to, adopt and manage this technology—yet even as we ride these shockwaves out, new horizons emerge, the latest of these being agentic AI.

Agentic AI refers to artificial intelligence systems that are capable of autonomously planning and performing tasks, making decisions and interacting with various systems to accomplish specific, pre-defined goals. Agentic AI uses, and builds on, older forms of AI but exhibits a higher degree of agency in executing the tasks it is designed to perform. This level of autonomy is thanks to the goal-driven, looped architecture the model follows from perception to reasoning and action, allowing it to self-correct and learn from experience.