In contrast to other approaches, a bare action which should be promoted to a quantum theory is not needed as an input here. It is the theory space and the RG flow equations that determine possible UV fixed points. Since such a fixed point, in turn, corresponds to a bare action, one can consider the bare action a prediction in the asymptotic safety program. This may be thought of as a systematic search strategy among theories that are already "quantum" which identifies the "islands" of physically acceptable theories in the "sea" of unacceptable ones plagued by short distance singularities.