Davos 2026: PWc chairman Mohamed Kande says over 50% companies 'getting nothing' from AI adoption, has a tip for CEOs

PwC's global chairman, Mohamed Kande, revealed that 56% of companies are seeing no returns from AI investments due to a lack of foundational groundwork. He highlighted that most leaders have forgotten the basics, adding that CEO's job has changed more in the past year than anything he’s seen over the last quarter-century.