Forget the chief AI officer - why your business needs this 'magician'

"ZDNET reported last year that 60% of companies already have a CAIO, and another 26% are planning to make an appointment this year. Experts argue that the rise of the CAIO illustrates AI's significant role in modern business. Yet not everyone believes a dedicated CAIO is necessarily the best solution to the challenges associated with implementing AI."

"There's a lot of debate about who should be responsible for ensuring the business makes the most out of generative AI. Some experts suggest the CIO should oversee this crucial role, while others believe the responsibility should lie with a chief data officer. Beyond these existing roles, other experts champion the chief AI officer (CAIO), a newcomer to the C-suite who oversees key considerations, including governance, security, and identification of potential use cases."

Some organizations appoint chief AI officers (CAIOs) to govern AI, address security, and identify use cases. Sixty percent of companies already have CAIOs and another 26% plan to appoint one. Other organizations place AI responsibility with CIOs, chief data officers, or distribute it across existing teams. Some firms embed AI across all staff rather than isolate it in a single role, while still ensuring senior oversight to manage emerging-technology demands. Roles such as director of AI productivity focus on collaboration and effective exploitation of AI assets to deliver business value.

Read at ZDNET