**Why does it matter?** This development is crucial as AI’s potential to transform industries is immense. The gap between companies successfully implementing AI and those struggling highlights the need for comprehensive strategies and informed leadership. The increasing regulatory scrutiny and innovative dynamics present both opportunities and challenges requiring attention.
**For whom important?** Business leaders and executives looking to leverage AI for competitive advantage and policymakers who must ensure the ethical and equitable development and deployment of AI technologies.
Read the whole story here: https://www.mckinsey.com/capabilities/quantumblack/our-insights/the-state-of-ai
