Have we been here before?

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“Please don’t use words of caution about AI to the CTO.”

I was given this exact, pointed piece of advice recently before walking into a meeting with a major enterprise prospect. The subtext was blindingly clear: leadership was fully committed, and they didn’t want any cognitive dissonance disrupting the mission. Nobody wants to hear, “Hold on guys!”

If you are experiencing a distinct sense of déjà vu right now, you aren’t alone.

For those of us who lived through the late-90s dot-com boom/bust or the recent Crypto/Web3 frenzies, this absolute, almost religious commitment from the C-suite feels incredibly familiar. We’ve seen this movie before: the runaway FOMO, the frantic pivoting, and the eye-watering capital expenditure. In fact, BCG research shows that over 94% of CEOs plan to deploy AI irrespective of immediate, demonstrated business value or ROI.

Being a technology leader for couple of decades, I am left wondering. Is this just history rhyming, or are we actually building on a completely different paradigm?

The Déjà Vu is Real, But the Stakes are Higher

During previous tech waves—whether it was ECommerce, Cloud, Blockchain or IoT, leadership was traditionally pragmatic. They set mileposts, measured ROI, and adjusted course. Today, the accelerator pedal is slammed to the floor.

The euphoria feels like 1999, but the operational reality is entirely different. AI isn’t just a shiny new layer on top of your tech stack; it represents a fundamental rewiring of how businesses make decisions, interact with customers, and execute strategy.

And that brings us to the elephant in the room: Security and Governance.

Many organizations are drastically underestimating the challenges of securing and managing AI because they assume their existing cybersecurity and compliance frameworks will save them. They won’t.

Why Agentic AI Breaks the Old Playbook

As long as we were chatting with basic Generative AI (chatbots) primarily doing Q&A or generating new content, governance and security wasn’t a concern. Now we have entered the era of Agentic AI, autonomous systems capable of self-learning, executing workflows, and taking actions on behalf of users. This shifts the risk landscape entirely:

  • Rogue AI is already here: Resourceful, tech-savvy employees are already building unauthorized “science projects” and sandboxes in the wild to optimize their workflows. I have personally tested some of these apps and was appalled by how vulnerable these are. This is already getting deployed within enterprises without much knowledge about the nightmare that is waiting to become real.
  • The Velocity of Change: Traditional IT governance operates on quarterly or annual review cycles. AI evolves daily. Most governance framework that I have seen aren’t a living, breathing system.
  • Identity Fluidity: Autonomous agents represen a completely new class of digital identity. Traditional zero-trust network access and application whitelists aren’t designed to manage machine learning models that generate their own code and logic pathways.

Shift Left

If your approach to AI security and governance is simply to submit to the CISO org and wait for directions, chances are that it will take months for your innovation to see the light of the day because let me tell you their challenge, “they don’t know”.

Instead of viewing security and governance as a gate, shift left, design it from grounds up with audit ready evidence that makes lives of devsecops, security and governance folks easier. The goal to build the perfect, flawless framework before launching is simply unachievable in the age of rapid engineering with AI assisted tools. The goal is to start now, build imperfectly, and iterate alongside tools and platforms designed for that purpose, generating auditable evidence of application behavior as well as adversarial tests.

Several organizations are unknowingly drifting into dangerous waters. The ones that are not, have realize this and are putting anchors in place.

Are you seeing the same patterns in your industry?

#ArtificialIntelligence #AIGovernance #EnterpriseRisk #AgenticAI

About Post Author

rajiv

Nerd, Entrepreneur, Investor, Advisor, Mentor
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