Sequoia Partner Konstantine Buhler Talks Agentic AI | Bloomberg Talks

Konstantine Buhler, a partner at Sequoia Capital, explores the transition from generative AI to agentic AI, where systems move beyond decision-making to executing complex workflows. Real-world applications include Harvey, a legal AI reducing contract turnaround times from hours to minutes, and healthcare tools like Open Evidence and Abridge that automate administrative tasks for physicians. The investment landscape is shifting toward 2026 as the year of proven returns, driven by new monetization models like usage-based billing and e-commerce integration, as seen in OpenAI’s partnership with Shopify. Buhler highlights the digital transformation of financial markets, noting that while equity trading is largely digitized, fixed income remains 92% manual, representing a massive opportunity for algorithmic disruption. This evolution mirrors the broader AI trend of replacing manual processes with predictive, autonomous agents across high-stakes industries.