Artificial intelligence spending by companies has nearly doubled in three years. Yet most firms still report no clear financial gains from these investments. A new report from McKinsey shows that while AI adoption is widespread, only a small share of businesses see direct returns. The survey covered over 1,600 organizations across industries and regions. Most executives say they invest in AI to cut costs or improve efficiency rather than to generate revenue. Only 27 percent of companies say their AI projects are profitable. The findings highlight a gap between the hype around AI and its real-world economic impact. Many firms are still testing use cases without measurable payoff. Some industries, like technology and financial services, report better results. Manufacturing and healthcare lag behind in turning AI into earnings. The report suggests that success depends on clear strategy and integration with existing operations. Companies that combine AI with process changes see higher returns. Without such alignment, investments often fail to deliver expected benefits.
Source: e24.no