![rw-book-cover](https://utkarshkanwat.com/writing/betting-against-agents/error_compounding_graph.svg) ## Metadata - Author: [[utkarsh-kanwat|Utkarsh Kanwat]] - Full Title:: Why I'm Betting Against AI Agents in 2025 - Category:: #🗞️Articles - URL:: https://utkarshkanwat.com/writing/betting-against-agents/ - Read date:: [[2025-07-23]] ## Highlights > • Each new interaction requires processing ALL previous context > • Token costs scale quadratically with conversation length ([View Highlight](https://read.readwise.io/read/01k0tvtyd3m19mgn52whgpqmhp)) ## New highlights added [[2025-07-23]] > The dirty secret of every production agent system is that the AI is doing maybe 30% of the work. The other 70% is tool engineering ([View Highlight](https://read.readwise.io/read/01k0vfszrrjcw6p9fqk1cvk1mg))