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Chief AI officer is tech's hot new role — if companies can hire one

Feb 04, 2024 - businessinsider.com
The role of a chief AI officer is becoming increasingly important in the corporate world as businesses seek to leverage AI technology to enhance productivity and efficiency. These officers are expected to bridge the gap between the micro details of AI and the macro strategy of the company, guiding corporations towards AI adoption. However, the role requires more than just technical skills; it also requires understanding of business strategy, leadership skills, and the ability to navigate the ethical implications of AI deployment.

Finding the right candidate for the chief AI officer role can be challenging due to the novelty of the field and the breadth of capabilities required. Despite the difficulties and potential costs, recruiters advise businesses to consider hiring a chief AI officer, or at least expanding the roles of existing officers, to understand and implement AI on a systemic level. They warn that companies that fail to create an AI strategy risk being left behind.

Key takeaways:

  • The role of a chief AI officer involves bridging the gap between the micro details of working with AI and the macro strategy of the larger company, and is becoming increasingly important as businesses seek to leverage AI technology.
  • Technical skills alone are not enough for a chief AI officer; they also need to understand how AI can be applied across the entire business, navigate the ethical implications of AI deployment, and have strategic vision and leadership skills.
  • Finding the right candidate for the chief AI officer role can be challenging due to the newness of the field and the breadth of capabilities required.
  • Companies serious about becoming AI-first should consider hiring a chief AI officer, or at least expanding the role of the chief data officer or chief information officer to understand how to use AI on a systemic level.
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