Australia’s AI Automation Boom Is Real. The Returns Are Not.
The Investment Surge Australian enterprises are investing in artificial intelligence at a pace that would have been unthinkable three years ago. Boards are approving AI budgets. Leaders are rewriting digital transformation strategies. Entire teams are restructuring around automation and AI initiatives. On the surface, the momentum is undeniable. Yet beneath the optimism, the financial returns remain inconsistent. McKinsey’s...