With artificial intelligence (AI) projects all the rage, organizations must make a strategic determination to create a new CxO role, at least at a functional level if not at a title level. This decision should not be made lightly, however. Although the chief AI officer (CAIO) role is critical to an organization’s success, the level of collaboration across business, IT, finance and operations, HR, and legal risk and compliance requires an unprecedented level of cooperation and orchestration. Boards will also want to consider AI at the same level as cybersecurity.
After speaking with two dozen CAIOs, Constellation expects the role to be different across organizations and ultimately infused into all aspects of the business by 2026. As the AI field accelerates, organizations that fail to create the CAIO role will be left behind.