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Let’s talk about AI

What technologies will be key for advancing new businesses? AI tops the list for many executives, according to the latest McKinsey Global Survey on new-business building. Senior partners Ari Libarikian and Ralf Dreischmeier and colleagues found that more than half of respondents anticipate a need to incorporate artificial intelligence into their new businesses to deliver on their value propositions. Thirty-five percent say the same about the Internet of Things.

In most industries, a majority of respondents point to AI as a required technology for new businesses in the years ahead.
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To read more survey results, see “New-business building in 2022: Driving growth in volatile times,” November 14, 2022.