AI Stalls Productivity, Threatens 1.75 Million Jobs by 2028 Despite Billions Spent

• A global survey of nearly 6000 executives reveals AI has shown almost no visible productivity results despite billions invested.
• 90% of managers report no AI impact on employment or labor productivity over the past three years.
• While 70% of firms use AI, average executive usage is limited to 1.5 hours per week, indicating shallow adoption.
• Executives forecast AI will lead to 1.75 million fewer jobs by 2028 across the US, Germany, UK, and Australia.
• Experts highlight integration gaps, governance issues, and lack of organizational readiness as key reasons for limited AI impact.