AI adoption follows the J-curve path of general-purpose tech, like early US factory electrification, requiring years of investment before noticeable ROI gains (Exponential View)

Exponential View: AI adoption follows the J-curve path of general-purpose tech, like early US factory electrification, requiring years of investment before noticeable ROI gains  —  A framework to understand your firm's AI transformation  —  I had tea with a senior exec at a well-known public tech company last month.