For all of software’s technological advances and world-changing impacts over the past half century, its seismic potential has historically been limited by a shortage of skilled developers, finite coding capacity, and the complexity of coordinating large projects. The emergence of gen AI, and more recently agentic AI, was and is supposed to overcome those obstacles, leading to untold new productivity and value creation. While many organizations are already seeing some positive impact from these tools, a small subset of companies is reaping particularly large gains. That is one of the key findings from a recent McKinsey survey of a wide range of nearly 300 publicly traded companies.
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