New technologies have a history of reshaping C-suite responsibilities. Three years ago, few companies had a chief AI officer on the C-suite but, as the technology became embedded in the workplace, having a dedicated leader to set AI strategy and governance became a necessity for many organizations.
In 2023, just 11% of organizations had someone with a chief AI officer title, according to IBM’s Institute for Business Value. Now, 76% of organizations surveyed by IBM have a CAIO.