Is AI profitable Part 4: McKinsey Beyond the Hype
Companies are beginning to realize a hard truth about AI, namely that making a significant investment building flashy AI prototypes is easy, but creating measurable business value (i.e. a profit) is not! 80% of companies report using the latest GenAI and the same percentage have reported no significant gains in topline or bottom-line performance. This is according to a new report from McKinsey titled “Beyond the Hype: Unlocking Value from the AI Revolution.” This report details four common pain points and offers three case studies with potential strategies to help improve ROI. This is Part 4…
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