90% of executives say AI hasn't boosted productivity. Some are still cutting jobs

Fortune · 33 ● 2 sources

Executives and researchers report a disconnect between rising AI spending and weak productivity gains, with many firms pairing AI investment with layoffs. About 90% of executives surveyed said AI has not yet boosted productivity at their companies. The analysis argues that AI-driven job insecurity and negative employee sentiment offset efficiency benefits, so firms should avoid using AI as justification for cuts and instead invest in training and sharing gains.