(The Economist) points out that the latest AI products launched by OpenAI and Google last month have heralded the arrival of the AI Agent era. However, there are three issues that need to be addressed in the development of AI Agents… (Background: Forbes names the 'Top 5 Trends in the Crypto Industry for 2025': Decentralized AI, DID is set to explode) (Additional Background: Dragonfly partner: AI Agents are just chatbots with meme coins and will ultimately die) Artificial Intelligence (AI) is undoubtedly one of the most focused topics in today's technology and cryptocurrency fields. Whether it's the continuous rise of the US stock market last year or the wealth creation frenzy in the current crypto bull market, AI has always played a key role. The era of AI Agents has arrived. According to OpenAI's classification, the development of AI can be summarized into five stages: Conversation: e.g., ChatGPT, which can engage in conversational chats Reason: Logic reasoning similar to humans Agent: Autonomously taking action Innovation: Creative technological breakthroughs Organization: The final form, capable of managing human organizations. So, what stage are we currently in? (The Economist) pointed out in a report on the 13th of last month that, on the eve of the Western Christmas, the AI field has already celebrated the holiday in advance — first, OpenAI launched the '12 days of shipmas' event on December 5 and successively released influential generative tools like Sora and writing and coding tools like Canvas; another giant, Google, followed closely by releasing the generative AI model Gemini 2.0 and advanced products Astra and Mariner, officially declaring the arrival of the AI Agent era. The future of AI Agents is promising. Compared to general chatbots, AI Agents are a type of AI capable of autonomously taking actions; they possess natural language processing capabilities and can make decisions and interact. Regarding AI Agents, (The Economist) quoted Alex Wang from AI data company Scale, stating: Breaking through the chat action stage could become one of the most significant achievements in the tech industry by 2025, and this expectation has already driven up the stock prices of giants like Salesforce. The company indicated that its workplace AI Agent secured agreements with over 200 clients within a week of launch, and even the strong competitor Microsoft has rolled out numerous AI Agents. Three difficulties in developing AI Agents. However, although (The Economist)'s report showcases an optimistic view and great expectations for AI Agents, it also states that developing AI Agents is more challenging than developing chatbots. Specifically, there are three reasons: 1. Data issues: Chatbots can answer questions by scraping online information, while AI Agents need to handle the data required to execute tasks, including the order of operations and the underlying logic. In many cases, it is challenging to find sufficient data to train them. 2. Trust issues: Chatbots can easily reveal flaws in their responses, but it is relatively more difficult to judge whether the decisions made by AI Agents are correct. 3. Cost issues: For AI Agents to reason, plan, and solve problems, they require substantial computational resources, which also means significant cost investments. AI Agents ignite the crypto space. It’s worth mentioning that since the launch of the AI concept meme coin GOAT last year and the listing of the AI meme coin ACT on Binance for spot trading, the cryptocurrency space rapidly sparked a wave of AI coin issuance, making AI Agents one of the most talked-about topics in the crypto circle. However, observing the current AI Agents in the crypto space, unlike the AI Agents from OpenAI and Google, most still wear the shell of meme coins, mechanically pushing messages, with only a few AI Agents demonstrating capabilities in analysis, reasoning, decision-making, and task execution. In this regard, Dragonfly partner Haseeb Qureshi recently commented that the current wave of 'AI Agents' sweeping the industry may continue until 2025, but ultimately will be difficult to sustain. The truly influential applications will be in software engineering and security: AI Agents will eventually perish; these are not real agents but merely chatbots with meme coins, and apart from posting on Twitter, they have almost no agency. Further reading: Will AI be the narrative thread of this cycle? A comparative look at the development status of various AI Agents. Related reports: Ten investment insights in the AI Agent race: Capture the ai16z main wave, beginners should prioritize head projects… AI frenzy) VIRTUAL leaps into the top 40 currencies, ai16z market value exceeds 2.5 billion USD, $TAO, $RENDER, $FET all rise over 10%. In the AI era, please embrace real information and users, and be wary of conspiracy groups. (The Economist) calls: 2025 is the 'AI Agent' era, but three difficulties must be noted.