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AI Adoption Surges, but Companies Still Struggle to Turn Productivity Gains into Profits: McKinsey

Summary by Latestly
Get latest articles and stories on Business at LatestLY. Nearly nine in 10 respondents to McKinsey’s 2026 Global Survey on AI said their organisations regularly use AI in at least one business function, while the share reporting enterprise-wide scaling rose to 44 per cent from 38 per cent a year earlier. The use of AI across three or more business functions also increased to 56 per cent from 51 per cent.  Business News | AI Adoption Surges, but …

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According to McKinsey, nearly a third of companies have already replaced software purchases with AI-based in-house development, while the financial return on AI continues to fall short of expectations.

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Latestly broke the news in Mumbai, India on Sunday, September 6, 2026.
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