Study: Early AI adopters may gain "insurmountable advantage"

Situational awareness: The report does not name the early adopters nor their industries, but in terms of pure AI research, nine companies -- all in the U.S. and China -- are believed to tower over peers with among the best talent and little chance for anyone else to catch up. They include Google, Microsoft, Baidu and Tencent. What the report says: McKinsey surveyed 3,031 business executives in seven western countries in North America and Europe. Of those self-identifying as "extensive adopters" of AI, 71% said they expect revenue growth exceeding 10%. In McKinsey's view, the signs point to the coming AI-infused giants.