McKinsey North America Chief Warns AI Boom Faces Power, Regulatory, Expectation Risks

McKinsey's North America chief Eric Kutcher publicly flags power shortages, regulatory hurdles, and overheated expectations as key risks to the AI boom, despite affirming belief in the technology. This marks a notable deviation from the prevailing bullish narrative, signaling potential headwinds for AI infrastructure investment and market sentiment. The warning is qualitative and not tied to specific data, so its market impact is uncertain.