A Framework for Building Artificial Intelligence Capabilities

After decades of promise and hype, artificial intelligence has finally reached a tipping point of market acceptance. Every day we can read about the latest AI advances and applications from startups and large companies. But, despite its market acceptance, a recent McKinsey report found that AI adoption is still at an early, experimental stage, especially outside the tech sector. Based on a survey of over 3,000 AI-aware C-level executives across 10 countries and 14 sectors, the report found that 20 percent of respondents had adopted AI at scale in a core part of their business, 40 percent were partial adopters or experimenters, while another 40 percent were still waiting to take their first steps. The report adds that the gap between the early AI adopters and everyone else is growing.