The Agentic Era: Our World’s Next Chapter with Robert Smith and Jason Graefe (EP. 31)

In this special edition of CAIS Live Conversations, live from CAIS Summit 2025, Robert F. Smith of Vista Equity Partners and Jason Graefe of Microsoft speak with CNBC’s Scott Wapner about the rise of agentic AI. They explain how the shift from generative to agentic systems may reshape enterprise software, data strategy, and economic value capture. The conversation explores implications for productivity, software development, and the future of work, along with how businesses can adapt through speed, workflow ownership, and reskilling. Advisors can gain insight into how AI may transform operating models across industries.  

Chapter 1 — Generative vs. Agentic AI [00:01:22]
Chapter 2 — Why Agentic AI Changes the Economics [00:03:53]
Chapter 3 — Will AI Disrupt Software? [00:06:58]
Chapter 4 — Three Futures for Software Companies [00:08:34]
Chapter 5 — Speed as the New Moat [00:10:46]
Chapter 6 — Reinventing the Go-to-Market Motion [00:13:19]
Chapter 7 — Rethinking Software Development [00:20:17]
Chapter 8 — Precision in Enterprise AI [00:21:35]
Chapter 9 — A New Industrial Revolution [00:29:26]
Chapter 10 — The Future of Work and Redeployment [00:37:51]