Alphabet, Amazon, Meta, Microsoft, and Oracle could spend $1.1 trillion on AI by 2027, yet most companies struggle to generate returns. McKinsey found 65% are adopting generative AI, but few report tangible impact, underscoring the gap between AI's "omnipotent mind" image and its limits in specialized tasks.
The Illusion of the 'Omnipotent' Mind: An expert explained why AI breakthroughs are happening beyond fundamental models
Alphabet, Amazon, Meta, Microsoft, and Oracle could spend $1.1 trillion on AI by 2027, yet most companies struggle to generate returns. McKinsey found...
By Dhallo News · September 2, 2026 at 7:11 PM IST
SOURCE: International Business Times - Business
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