What is a Chief AI Officer - And Do You Need One?
HRDIVE, Monday, April 1st, 2024
Not every company will have to jump in and hire an AI executive at the C-suite level, but they are becoming more commonplace, experts said.
As AI continues to permeate business life, companies are starting to ask themselves if they need AI expertise at the C-suite level.
According to LinkedIn, the number of companies with a 'Head of AI' position has more than tripled in the last five years, and is up 13% since 2022.
Chief AI Officers (CAIOs) are 'brought in to really align an organization's AI strategy and goals, depending on the existing roles and business need,' said Anne Yarovoy Khan, of counsel in the Fisher Phillips' Irvine office, and a member of the firm's AI, privacy and cyber, and PEO and staffing practice groups.