Everyone's talking about agentic AI.
Almost no one is actually deploying it.
Gartner just reported a 1,445% surge in multi-agent system inquiries. But Deloitte shows only 11% are running agents in production.
That's a 130x gap between interest and execution. Why?
Because we're obsessing over the wrong thing. The model is 5% of the system. The orchestration, guardrails, tool integration, and observability. That's where companies die.
The trough of disillusionment isn't a death sentence. It's a filter. It separates demo builders from system builders.