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Record AI Spending Can't Move Earnings Needle for 94% of Enterprises, McKinsey Finds

Record AI Spending Can't Move Earnings Needle for 94% of Enterprises, McKinsey Finds

Enterprise AI ROI remains out of reach for 94% of companies despite record spending, McKinsey's 2026 survey of 1,719 executives finds. While 80% of individual workers report productivity gains, only 6% of organizations attribute significant earnings impact to AI. What separates the top performers is workflow redesign, not tool selection.