Despite AI’s rapid adoption and growth, FiberLight CEO Bill Major highlights a critical challenge: the lack of immediate return on investment (ROI). He notes that while enterprises and consumers are embracing AI, companies are struggling to generate profits. “The adoption is happening, but there’s not an ROI for that investment today,” Major told Fierce Network. This financial strain is expected to drive consolidation, with smaller players being acquired or merging to survive. Major predicts that many AI startups will fail or be absorbed, leaving only those capable of delivering ROI to persist.
Check out the full article at Fierce Network.