The word 'agentic' is being used to describe two completely different things — and the gap between them is the gap between a business that scales and a business that plateaus.
This episode defines what agentic means at the operational level: not a software capability, but the condition in which AI is the primary unit of labor. It introduces the 80% threshold, explains why the Coordination Tax stops compounding only after you cross it, and draws the precise line between agentic software and an autonomous business.
Concepts introduced: Workforce Arbitrage, Operational Arbitrage, the 80% threshold, the Stewardship Model.
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Linked memo: arcoventure.studio/blog/what-we-mean-agentic
Arco Lexicon: arcoventure.studio/lexicon