There are some smart people there but their "advice" rarely holds up to scrutiny when actual experts start poking at it--hence why they focus so heavily on vague McKinsey 'indexes' and 'benchmarks' that are very smoke and mirrors.
In the example above some McKinsey "experts" were presenting such BS to a room of people quite knowledgeable about this stuff and after the first few questions it was clear they really knew almost nothing about data science, ML or AI. Indeed even at that time telling a room full of actual experts that the future was Watson would quite literally get you laughed out of the room.
The vision of the founders of a lot of these companies don't seem to extend beyond their own nose - They can't really see anything past that gigantic mountain of VC money.
It seems that for some reason AI has become the last avenue for growth and all VCs are just rushing to pour all their money into it.
Researchers with PhDs have been working on more or less the AI technologies for more than 30 years; it's been their life's work; throwing money all over the place isn't going to make them work any faster - It's just going to attract unqualified impostors into the industry.
As a founder, it's much easier to come up with a strategy to pocket a good chunk of that VC money for yourself than to actually solve the problem.
As far as expertise, I suppose it depends on what you mean. Active AI practitioners. Probably not except to the degree that they pay outside experts for input. But they certainly have people who follow technology fields closely and have technology background. e.g. one of the authors of this report is a CS PhD, former CIO, and I've seen him speak at CIO conferences on a couple of occasions.
Isn't this just looking at investments in different areas and compiling a table?
You can probably better find the technical state-of-the-art on arxiv github. But I can't think of many people or organisations better placed to know the impact of AI on business. The technology is developed at universities, and at the likes of Google and Facebook, who are focused on in-house applications only. Maybe IBM, but the last person to read an IBM white paper was later seen walking South from McMurdoch station and is feared(and/or hoped) dead.
Personally, I still prefer the Kinsey report. But this certainly isn't terrible.
The PDF title is
"AI: The Next Digital Frontier? Discussion Paper