This podcast episode interviews Praveen Akkiraju, a Managing Director at Insight Partners, about AI agents. The discussion begins with a definition of AI agents as software applications capable of understanding, planning, and executing tasks autonomously. It then explores the role of Large Language Models (LLMs) within AI agents, detailing their function in user interfaces, reasoning layers, data querying, and evaluation loops. The interview also addresses the current limitations of AI agents, particularly their non-determinism, and strategies for mitigating this, such as human-in-the-loop design and reflection loops. Finally, the conversation touches upon the business applications, economic models, and security implications of AI agents.