While AI agents have long been discussed and studied in computer science, today's Agentic AI systems are something new. We consider other definitions of Agentic AI and propose a new realist definition. Agentic AI is a software delivery mechanism, comparable to software as a service (SaaS), which puts an application to work autonomously in a complex enterprise setting. Recent advances in large language models (LLMs) as foundation models have driven excitement in Agentic AI. We note, however, that Agentic AI systems are primarily applications, not foundations, and so their success depends on validation by end users and principal stakeholders. The tools and techniques needed by the principal users to validate their applications are quite different from the tools and techniques used to evaluate foundation models. Ironically, with good validation measures in place, in many cases the foundation models can be replaced with much simpler, faster, and more interpretable models that handle core logic. When it comes to Agentic AI, validity is what you need. LLMs are one option that might achieve it.

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