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Don’t believe the hype: AI is the future, but we’re not there yet
ai-augmentation

Don’t believe the hype: AI is the future, but we’re not there yet

AI’s true value lies in pragmatic augmentation today, not full automation. Build solid foundations to unlock measurable business benefits safely.

August 5, 2025
5 min read
Gleb Tsipursky, opinion contributor  

AI’s true value lies in pragmatic augmentation today, not full automation. Build solid foundations to unlock measurable business benefits safely.

A dangerous narrative is taking hold in boardrooms across the country — a story of effortless, overnight transformation powered by artificial intelligence. It is a seductive mirage shimmering in the desert of corporate ambition, promising untold riches and seamless automation from a technology that is still in its turbulent adolescence. This story sells a future that is as intoxicating as it is illusory, and it threatens to poison the well for everyone investing in this powerful new capability. This mirage is sold with breathless enthusiasm by reports such as McKinsey’s recent playbook, “Seizing the agentic AI advantage.” The article paints a dazzling picture of autonomous AI “agents” that will seamlessly orchestrate your entire business, delivering returns in under a year and creating exponential value. Yet this vision, while directionally fascinating for the distant future, is perilously disconnected from the messy reality of 2025. This level of hype is not just optimistic; it is actively harmful, setting the stage for a brutal crash into the trough of disillusionment that could undermine the real, tangible benefits of AI for years to come. The McKinsey article tempts us with a future where “no-code agent builders” allow any business user to create AI workers, which then form an “agentic AI mesh,” an interconnected ecosystem of programs autonomously negotiating, planning and executing complex workflows. It is a powerful fantasy. Imagine an AI agent in procurement autonomously identifying a supply need, negotiating terms with a vendor’s AI agent, and executing the purchase order without any human touching a keyboard. Now, imagine that agent misinterpreting a regional sales forecast and ordering $10 million of the wrong component, or the vendor’s agent exploiting a loophole in your agent’s programming to lock you into unfavorable terms. This is the core of the problem. The vision of full autonomy dramatically underestimates the monumental challenges of reliability, security and integration. As documented in Stanford University’s comprehensive AI Index Report, even state-of-the-art models exhibit surprising fragility and can fail in unpredictable ways. These agents must operate within a company’s tangled web of legacy systems — decades-old software, proprietary databases, custom-built applications — that were never designed for this kind of interaction. Granting an AI agent the keys to the kingdom in this environment is not a strategic advantage; it is a security nightmare waiting to happen. The governance frameworks required to prevent catastrophic errors, malicious exploits, or simple but costly “hallucinations” are monumental undertakings that the hype conveniently glosses over. The promise of an easy, no-code revolution is a fallacy when the underlying foundation is so complex and the cost of failure is so high. So, should we abandon AI? Absolutely not. We must simply look past the science fiction and focus on the incredible tools we have now. The true revolution is not in full autonomy, but in powerful augmentation. In my own work advising more than two dozen organizations on AI integration, the most profound successes have come from grounded, pragmatic projects that solve today’s problems. By targeting specific, repetitive tasks, generative AI delivers spectacular and measurable returns without the existential risks of the fully agentic vision. Consider a mid-size manufacturing firm here in Ohio. Its accounts payable department was drowning in a sea of paper invoices, each requiring manual data entry and a tedious three-way matching process against purchase orders and delivery receipts. We implemented a generative AI solution that ingests PDF invoices via email. The AI intelligently extracts key data — vendor name, invoice number, line items and totals — and automatically matches it against the purchase order in the company’s system. More than 80 percent of invoices now process automatically. The department’s role has transformed as well; they no longer perform mind-numbing data entry but act as supervisors, managing only the 20 percent of invoices the AI flags for exceptions, like a price mismatch or a missing order. The result was a clear-cut 43 percent improvement in accounting efficiency — and faster payments to suppliers. Or take the case of a regional insurance carrier. Its claims adjusters spent a significant portion of their day writing repetitive claim settlement letters. While each letter needed to be accurate and personalized, the underlying structure was largely the same. By implementing a generative AI tool, they automated the first draft. The system pulls structured data from the claim file — policyholder name, claim number, dates, settlement amounts — and generates a complete, contextually accurate letter based on a pre-approved template. The adjuster’s job shifts from author to editor. They review the draft, add a layer of human nuance, and approve it. This simple augmentation saved an average of 28 percent of the time spent per letter, freeing adjusters to handle more complex claims and spend more time speaking with customers. These case studies reveal the real path to AI value. It is incremental, focused and relentlessly pragmatic. It is about augmentation, not abdication. While one company chases the dream of a fully autonomous AI manager, another is saving thousands of man-hours by automating invoice processing. While one executive team puzzles over the governance of an “agentic mesh,” another is improving customer satisfaction by helping their claims team respond faster. The hype pushes us toward a dramatic, all-or-nothing transformation that is still a number of years away from being practical or safe for most enterprises. As Gartner’s Hype Cycle methodology consistently shows, after the “Peak of Inflated Expectations” comes the “Trough of Disillusionment.” The current frenzy is accelerating our descent into that trough. The companies that thrive will be those that ignored the siren song of total automation and instead got to work. They chose to build a solid foundation, brick by pragmatic brick, solving real problems and delivering measurable value. They are creating lasting advantages while their competitors remain lost in the mirage.
Gleb Tsipursky, Ph.D., serves as the CEO of the hybrid work consultancy Disaster Avoidance Experts and authored the best-seller “Returning to the Office and Leading Hybrid and Remote Teams.”
Source: Originally published at The Hill on August 5, 2025.

Frequently Asked Questions (FAQ)

AI Adoption in Business

Q: What is the current narrative surrounding AI in business boardrooms? A: The prevailing narrative is often one of effortless, overnight transformation powered by artificial intelligence, promising untold riches and seamless automation. Q: What are the potential risks of this AI hype? A: This level of hype can be harmful, setting the stage for a "trough of disillusionment" that could undermine the real, tangible benefits of AI for years to come. It also creates unrealistic expectations. Q: What is "agentic AI" as described in reports like McKinsey's? A: Agentic AI refers to autonomous AI "agents" that can orchestrate entire business processes, negotiate, plan, and execute complex workflows, often with the promise of rapid returns and exponential value creation. Q: What are the practical challenges with fully autonomous AI agents? A: The primary challenges include underestimating the monumental issues of reliability, security, and integration with complex, often legacy, IT systems. Real-world implementation is far from seamless. Q: What is the difference between full autonomy and AI augmentation? A: Full autonomy suggests AI operating without human intervention, while augmentation focuses on AI tools that enhance and support human capabilities, solving current problems and delivering measurable value. Q: How can businesses practically leverage AI today? A: Businesses can achieve significant returns by focusing on grounded, pragmatic projects that target specific, repetitive tasks for augmentation, rather than chasing the distant dream of full autonomy.

Case Studies and Examples

Q: What was the outcome of the AI implementation for the Ohio manufacturing firm's accounts payable? A: A generative AI solution automated invoice processing, leading to over 80% of invoices being processed automatically and a 43% improvement in accounting efficiency. Q: How did the AI tool benefit the insurance carrier's claims adjusters? A: By automating the first draft of repetitive claim settlement letters, the AI saved adjusters an average of 28% of their time per letter, allowing them to focus on more complex tasks and customer interaction. Q: What is the key takeaway from these case studies regarding AI implementation? A: The real path to AI value is incremental, focused, and pragmatic, emphasizing augmentation over full automation to solve immediate problems and deliver measurable results.

Understanding AI Hype Cycles

Q: How does Gartner's Hype Cycle relate to the current AI discussion? A: The current AI frenzy is seen as accelerating the descent into the "Trough of Disillusionment" following the "Peak of Inflated Expectations," highlighting the need for a more pragmatic approach.

Crypto Market AI's Take

In the rapidly evolving landscape of artificial intelligence, the distinction between aspirational "agentic AI" and practical, augmenting AI is crucial. Our platform, Crypto Market AI, emphasizes the latter, focusing on delivering tangible value through advanced AI tools that enhance, rather than aim for full autonomy in, financial operations. We understand that the true power of AI lies in its ability to augment human decision-making, particularly in the volatile and complex world of cryptocurrency markets. This means providing robust AI-powered crypto trading bots that analyze data, identify patterns, and execute strategies with speed and precision, while still allowing for human oversight and intervention. Our commitment is to equip traders and businesses with the tools they need to navigate market dynamics effectively, by offering sophisticated AI analysts that provide data-driven insights and strategies grounded in reality, not just futuristic promises.

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