From early expert systems to modern autonomous AI agents, explore how this technology has evolved. Learn how Mayfly Ventures is shaping the future of software development with AI.
The concept of intelligent systems has fascinated scientists and innovators for decades. What began as a distant idea in the realm of science fiction has now evolved into a powerful reality with AI agents revolutionizing software development and business operations. To understand where we are today, let’s take a look at the journey of AI agents—from their conceptual beginnings to their current role as transformative tools in software development.
The seeds of artificial intelligence were sown in the mid-20th century, driven by pioneers like Alan Turing, who proposed the idea of a "thinking machine." Early AI research focused on symbolic reasoning and rule-based systems, laying the groundwork for intelligent software.
Key milestones during this era included:
While these systems were groundbreaking, they lacked adaptability and autonomy, which limited their scalability and practical use.
The 1980s and 1990s saw the emergence of software agents, precursors to modern AI agents. These programs were designed to perform tasks autonomously based on predefined rules, making them highly efficient for repetitive workflows.
Key Developments:
However, these systems were limited by the technology of the time—they couldn’t learn, adapt, or process natural language effectively.
The advent of machine learning (ML) in the 2000s marked a turning point. Instead of relying solely on pre-coded rules, ML enabled systems to learn from data, making them far more versatile and intelligent.
Key Advances:
During this era, software development began to integrate AI-powered features, such as predictive analytics, recommendation engines, and chatbots.
Today, we are witnessing the dawn of the AI agent revolution, where intelligent systems are no longer just tools—they are autonomous collaborators capable of executing tasks, learning, and improving.
What Defines Modern AI Agents?
Key Examples:
AI agents are changing the way software is designed, built, and deployed:
As AI agents continue to evolve, their impact on software development will only grow:
The journey of AI agents—from early rule-based systems to today’s autonomous, intelligent systems—reflects decades of innovation and progress. As they become more advanced, AI agents are set to play a central role in the future of software development, transforming how we build, interact with, and benefit from technology.
At Mayfly Ventures, we’re not just building AI agents—we’re building the future of software development. If you’re ready to harness the power of AI agents for your business, let’s chat.
AI Agents are set to completely overhaul how industries operate, creating efficiency unlocks well beyond using ChatGPT. We combine our deep expertise in building disruptive AI Agent ventures with industry insiders who see opportunity.
It's easy to build an AI agent. We build globally scalable businesses.
We pair our venture building expertise with your industry insights to create ground breaking companies.
We define key product features which unlock immense efficiency, help to craft a viable business model which addresses a sizable market which can be captured by a robust GTM strategy. We then plug you into our investor network to unlock your next stage of growth
We aren't your tech team, we are your venture partners.
We use validation techniques to ensure we are solving the right problem, with the right solution for the right people to bring products to market which deliver immense value and address clear market demand.
Our design framework defines the key features needed to deliver on your UVP. Our aim is to create the shortest path possible to deliver our intended value to your users.
We bring your product to life using the latest AI and software development platforms, optimising for performance, scalability and user delight.
We design your Go-To-Market strategy which consists of sending the right message, to the right person at the right time in the right way to onboard early adopters to gain insights from.
Here we define the metrics you should obsess over, create strong feedback mechanisms to collect user feedback to systematically iterate towards product-market fit.
If you see a chance to disrupt your industry, we’d love to hear from you.
We would love to talk about how we could bring it to life with you.
In the 1980s and 90s, boxed software became a popular way to distribute software, whether it was gaming software, multimedia applications, or office tools. Companies like Microsoft, Adobe, and Corel rose significantly on the back of selling boxed software to millions of consumers and businesses.
In the 2000s, cloud computing and SaaS began their meteoric rise. Digital downloads, cloud-based storage, and computing simplified the process of purchasing and using software. No longer was there a need to buy a physical CD-ROM or transfer files via USB—you could access software within a few clicks.
Microsoft Office 365, for example, eliminated the need for local installation, while companies like Hubspot, Zendesk, Atlassian, and Adobe Creative Cloud revolutionized their respective industries. Today, there are approximately 337 SaaS unicorns, and this number is rapidly growing.
The next major evolution of software is AI Agents which essentially allows companies to have the software and for the software to run itself. This will provide immense time and cost savings for companies which is why many are excited about the AI Agent future.
"I think we're going to live in a world where there are 100's of billions of AI agents. Eventually there will be more AI agents than people in the world."
"The bull case for AI agents to be bigger than Saas, is SaaS still needs people to operate the software. The argument here is with AI agents you don't just need to replace the software, it's going to eat the payroll."
"AI agents will become the primary way we interact with computers in the future. They will be able to understand our needs and preferences, and proactively help us with tasks and decision making."
"Agents are not only going to change how everyone interacts with computers. They’re also going to upend the software industry, bringing about the biggest revolution in computing since we went from typing commands to tapping on icons."
"Vertical AI Agents Could Be 10X Bigger Than SaaS. Every SaaS company build some software which a group of people use. The vertical AI equivalent will be the software plus the people."
"Last year was all about chat. The way the world looks soon is that we will have hybrid teams that consists of humans and consists of AI agents."
We build and launch scalable AI Agent platforms that deliver immense value to users and address critical market demand and get you to first revenue.If we’re a good fit, we back you, to share the risk (and the costs) of building your startup, which means your success is our success.