Philipp Gerbert, Martin Reeves, Sebastian Steinhäuser, and Patrick Ruwolt: Artificial intelligence has become one of the biggest technological developments in business in recent years, but the field is still largely shrouded in uncertainty. While expectations run sky-high, what are businesses actually doing now? Anew report by BCG and MIT’s Sloan Management Review aims to demystify AI in business and take stock of current industry adoption. The report is based on a global survey of more than 3,000 executives and in-depth interviews with more than 30 technology experts and executives. Its goal is to present a realistic baseline that allows companies to compare their AI efforts and ambitions and to provide guidance for things to come.