McKinsey’s new AI report argues the productivity payoff is real but conditional
The firm’s new ‘AI productivity gains and the performance paradox’ report concludes that most current AI applications ‘accelerate existing work’ without redesigning workflows, a finding McKinsey is publishing while targeting 1:1 parity between its 40,000 human consultants and 40,000 AI agents by year-end. McKinsey’s strategy practice has published a new analysis arguing that the corporate […]<br /> This story continues at The Next Web [...]
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When an enterprise LLM retrieves a product name, technical specification, or standard contract clause, it's using expensive GPU computation designed for complex reasoning — just to access stati [...]
OpenAI report reveals a 6x productivity gap between AI power users and everyone else
The tools are available to everyone. The subscription is company-wide. The training sessions have been held. And yet, in offices from Wall Street to Silicon Valley, a stark divide is opening between w [...]
Ascentra Labs raises $2 million to help consultants use AI instead of all-night Excel marathons
While artificial intelligence has stormed into law firms and accounting practices with billion-dollar startups like Harvey leading the charge, the global consulting industry—a $250 billion behemothâ [...]
European software sector at critical ‘inflection point,’ warns McKinsey
Europe has a unique chance to lead in software — but only if it improves its ability to turn startups into profitable businesses. That’s the conclusion of a new report from McKinsey and Boardwave, [...]
43% of AI-generated code changes need debugging in production, survey finds
The software industry is racing to write code with artificial intelligence. It is struggling, badly, to make sure that code holds up once it ships.A survey of 200 senior site-reliability and DevOps le [...]
AWS shuts its Shanghai AI lab as McKinsey bans generative AI projects for clients in China
Amazon has closed its artificial intelligence research center in Shanghai, citing growing political pressure from the US.<br /> The article AWS shuts its Shanghai AI lab as McKinsey bans generat [...]
An AI agent hacked McKinsey's internal AI platform in two hours using a decades-old technique
Security firm Codewall turned an offensive AI agent loose on McKinsey's internal AI platform Lilli, a system used by over 43,000 employees for strategy work, client research, and document analysi [...]
98% of market researchers use AI daily, but 4 in 10 say it makes errors — revealing a major trust problem
Market researchers have embraced artificial intelligence at a staggering pace, with 98% of professionals now incorporating AI tools into their work and 72% using them daily or more frequently, accordi [...]