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McKinsey — The State of AI

Source

McKinsey Global Survey: The State of AI — an annual study of AI adoption in companies.

TL;DR

McKinsey's annual review tracks the growth of AI adoption, but the gap between leaders and everyone else is widening. The key success factors are: strategic alignment, investment in data and talent, and governance.

Key ideas

  • AI high performers — companies generating more than 20% of revenue from AI invest more in data, infrastructure, and capabilities.
  • Barriers: talent shortage, data fragmentation, and a lack of strategic alignment.
  • Governance and risk: leaders are more likely to have formal processes for managing AI risk and ethics.

Connection to the framework

McKinsey ideaAI Conveyor element
Strategic alignmentOperating Model, Stage Gate Model
Portfolio managementManaging the AI Initiative Portfolio, AI Portfolio Metrics
Governance and riskAI Governance Model, Model Risk Management