I’ve run the SharePoint 2016 prerequisite installer on two different machines so far. Once it ran fine and once it hung while installing the Information Protection and Control Client 2.1. I Googled around for a bit and found you could override the installer for each prerequisite via command line switches. I found the information I needed in Installing the SharePoint 2016 Prerequisites Offline using PowerShell by Nik Charlebois.
I used the link in Nik’s post to download the installer for the Information Protection and Control Client 2.1 to a folder named Install on my C: drive. I then ran the prerequisite installer from the command line using C:\prerequisiteinstaller.exe /MSIPCClient:”C:\Install\setup_msipc_x64.exe” and it worked.