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Gen AI spend lags potential, with consumer industry least willing

Original title: The disconnect between AI spend and potential · McKinsey & Company · 6 Mar 2025

Fast-moving · data as of 6 Mar 2025

What does the data say about the disconnect between AI spend and potential?

McKinsey & CompanyView original

Original chart: McKinsey & Company

So what

AI budgets are being set by industry habit rather than by where value lies. Consumer companies hold the second-largest potential yet are least represented among top spenders, likely because thin mass-market margins constrain investment. Executives should size their sector's gen AI value pool before benchmarking spend against peers.

Data sources
McKinsey US CxO survey; McKinsey Global Institute (economic potential of gen AI)
Authors
Lareina Yee
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