The AI Competitive Landscape Evolution

The competitive landscape for artificial intelligence is undergoing a profound transformation as the industry shifts from its capital expenditure (CapEx) phase to an operational expenditure (OpEx) phase.

This evolution is reshaping which companies ultimately capture the most value from AI technologies.

A key takeaway is that we’re still in the CapEx phase of AI adoption.

This has critical implications for what matters today, in terms of market development versus what will matter in a few years, as market dynamics will change based on the shift from CapEx to OpEx.