Reasoning
McKinsey’s 2023-2024 surveys already show 40% of surveyed firms reporting <10% ROI on GenAI spend, while Gartner’s 2024 Hype Cycle moved generative AI from “Peak of Inflated Expectations” to the “Trough of Disillusionment” in 18 months—twice the historical average speed. With 2025 budgets now reflecting 15-25% cuts in AI capex at Microsoft, Google, and Meta, major firms will need to publish a 2026 “value gap” report to reset client expectations before next budget cycle.Key uncertainty
Whether enterprises achieve >30% productivity gains from agentic AI deployments by Q4 2025, which would eliminate the narrative need for such a report.