Why Organisations Today Should Hire A Chief Artificial Intelligence Officer

Companies across the world are leveraging artificial intelligence to communicate with customers, extract relevant insights out big data and solve some of the most complex problems. AI is everywhere and the way it is rising, it is prophesied to create2.3 million jobs by 2020.

However, even though AI seems to be the next big tide in the industry, many companies are not able to make the best out of this sought after technology. Why? Maybe because they are lacking someone who would be able to make some serious decisions regarding this technology. And this calls for the much-needed job of a Chief Artificial Intelligence Officer (CAIO).

It is imperative to have a C-level executive for AI if you want to implement the technology with a whole new infrastructure. In this article, we are going to see how a CAIO can make a significant impact on business in order to help it stay on top of its AI game.

One of the misconceptions people have is that the CTO and CIO of a company are supposed to know the nuts and bolts of every single technology. However, that is not true in every case. A great CTO and CIO know how to have a strong IT infrastructure, how to leverage the best of the software, and if they don’t know in depth about AI, that is acceptable because the AI domain is massive.

And hence the need for CAIO. A chief artificial intelligence officer (CAIO) has to be someone who has an in-depth knowledge of the AI domain and is updated with the latest trends. That is not all, he/should also be able to make some of the critical decisions in terms of implementation, budget, and end result.

Building a team is one of the sweaty tasks for any organisation. If you want to stay on top of your team- building game, you have to make sure that you have people with all the expertise. And when it comes to building a team dedicated to the company’s artificial intelligence domain, a CAIO is someone who can do the job better.

When there is Chief handling an entire department, s/he would be more familiar with all the voids that need to be filled. Also, s/he would know what technical expertise a candidate should have to be a part of the company’s AI team. Having a CAIO makes the hiring strategy more effective.