In my opinion, it is a little early to identify "success/failure" of LLM products just yet, especially Agentic. What we are seeing is the definition of hype, and maybe once that settles we will be able to see the reality a little better. From what I have seen, with the hype much less than early last years, is that customers are more cautious of just "AI labels" on product, but if it does solve a unique problem that was not possible to solve for earlier then its different. In your case, if you are saying that the company is trying to replicate a competitive product, just through Agentic, might not be a very good idea in the long run. Though it also depends on how they decide to build it further - i.e. start with replicating, but then a way bigger roadmap that your competitor couldn't catchup to just because they never built a base (because many are.