Throughout technological history, the adoption curve has seen innovators and early adopters reap rewards while latecomers often face decline. During the PC revolution of the 1980s, companies like Kodak failed to transition from analog to digital, leading to their downfall. Similarly, the rise of the internet in the 1990s saw businesses like Blockbuster eclipsed by early adopters such as Netflix.

The 2000’s saw the same pattern with social media; companies slow to leverage platforms like Facebook and Twitter found themselves trailing behind competitors. This pattern illustrates a clear trend: while innovators bear high costs and risks, early adopters gain a huge competitive advantage. Those in the majority may hold their ground, but laggards risk extinction.

In the context of AI, a similar scenario unfolds. It’s not a fad but a pivotal shift. The key to success lies in not just adopting AI but doing so before the majority. The question for businesses today is clear: where will you stand on this curve of technological adoption?