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WSJ Tech News Briefing · Tuesday, September 15, 2026

McKinsey: AI Cannot Fix Flawed Business Strategies

Steve Ray, a senior partner at McKinsey, emphasizes that AI is a tool, not a solution for fundamental business problems. He states that the best AI cannot compensate for a broken business model or a value proposition that doesn't resonate with customers, stressing the importance of organizational culture and talent.

personSteve RaycompanyMcKinsey

The tape

3 quotes
“The best AI in the world is not going to fix a broken business model or a value proposition that's not resonating with the customer base.”
Steve Ray
“He believes a common mistake inside the C-suite is to view technology as the driver of growth, rather than a tool to help execute and enhance sound business strategy.”
Steve Ray
“The culture part, how you operate, the capabilities of the organization, the talent structure is actually harder and more important than the technology quotient.”
Steve Ray
Heard on WSJ Tech News Briefing — “Why Tech Leaders Want to Slow Down AI”, published Tuesday, September 15, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
Transcribed via Gemini audio transcription · $0.01
McKinsey: AI Cannot Fix Flawed Business Strategies — Heardvine