Member Thought Leadership
Not long ago, digital transformation was the new frontier for corporate innovation. The rise of artificial intelligence (AI), however, makes that perspective seem quaint. As AI continues its seismic shift in how companies operate, compete, and grow, a new role is emerging at the executive table: the Chief AI Officer (CAIO).
A recent IBM report revealed that 26% of organizations now have a CAIO, up from 11% just two years ago. This role is more than a “hype hire.” Although 78% of companies use AI in at least one business function, the return on those investments is questionable at best. As such, the market is signaling a clear need for strategic leadership to guide AI initiatives and align them with business outcomes.
