The paradox at the core of the AI revolution: The faster we innovate, the slower we grow

To hear Silicon Valley tell it, artificial intelligence will usher in a glorious new era of abundance. But ask the chief financial officers of the world’s largest companies how AI is transforming their bottom line and, per McKinsey’s 2026 State of AI survey , the answer for 88% of them is: “Not so much.” We have been here before. When the iPhone launched in 2007, pundits predicted a mobile-first transformation of everything.

Source: Fortune Crypto