28 August 2026
McKinsey survey finds AI investment rising while actual profit gains remain flat
First reported
The Register ran this on , 3 days before the next source picked it up.
- McKinsey surveyed 1,719 business leaders worldwide and found only 6% of organizations attribute at least 5% of their earnings to AI, unchanged from last year despite rising investment.
- Among large companies with over $1 billion in annual revenue, 40% are now scaling AI agents that automate tasks, up from 27% last year, while smaller firms lag at 22%.
Reported by TechRadar, The Register