Over 80% of Companies Embracing A.I. See No Real Gains Yet, McKinsey Finds
Companies across all industries are rapidly adopting A.I., drawn by the promise of increased productivity and reduced costs. However, more than 80 percent of businesses using the technology are not yet seeing significant earnings gains, according to a new report by McKinsey & Company published last week. McKinsey calls this the ‘‘gen A.I. paradox’’: while the use of A.I. tools is widespread, their measurable business impact remains elusive. That’s because real-world A.I. adoption lags behind the progress of the technology itself.