A recent survey by AI orchestration platform provider Zapier of 542 US executives with active AI vendor contracts, found that nearly 90 percent believed they could switch AI vendors within four weeks, and 41 percent said they could do it in just 2–5 business days.

I work at a Fortune 500 and I'm the point of contact for half a dozen vendors, so I have a lot of visibility into the legal and procurement challenges. I can say with absolute confidence that even our annual renewals with existing vendors don't go through in 4 weeks.

Who are these executives that have absolutely no understanding of their own companies?

It’s almost like 3 companies can act as an effective monopoly.