A new report analyzes the potential value of CAIOs. Good morning. Many CFOs are exploring use cases for generative AI. But some companies have decided to create a new senior management position with enterprise-wide oversight of AI activities—a chief AI officer (CAIO). Is that necessary? “Do You Really Need a Chief AI Officer?” is the title of an interesting new report in MIT Sloan Management Review that delves into this topic. The authors have experience in analyzing the potential value of CAIOs, and four have been chief digital officers across a variety of industries. Some of the pros of having a CAIO is to steer the AI focus and prioritization companywide, which can centralize management of AI risks, and reduce internal deficiencies. But there are cons as well. For […]
Original web page at fortune.com
