A brand new Altrata examine examines the background and traits of this rising govt place.
At present Altrata, the chief in intelligence on the rich and well-connected, launched 2024 Government Perception: Chief AI Officers, a take a look at the evolving position of Chief AI Officers.
The examine highlights the fast improve in Chief AI Officer (CAIO) roles, significantly amongst non-public corporations, with numbers anticipated to develop considerably over the following few years. It examines virtually 35,000 private and non-private corporations within the US and finds a 70% year-on-year improve within the variety of people appointed to a CAIO position or equal. Whereas the position is changing into extra widespread, some corporations similar to Apple and audio gear maker Bose created the position again in 2018, together with non-public equity-owned Meduit Group in 2019.
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Taking a look at present CAIOs around the globe, most are internally appointed, with a median tenure (to this point) of 6 years at their group. This means a desire for selling inner expertise over hiring externally at current. The typical age is 51 years they usually have been within the position for a mean of two years to this point.
Different key insights revealed in 2024 Government Perception: Chief AI Officers embrace:
• Nearly all of CAIOs, at 63%, are discovered within the non-public sector, 33% work for public corporations like WPP (UK), Schneider Electrical (France) and Melexis (Belgium) and 4% work for presidency entities or departments.
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• Nearly all of CAIOs lack senior-level expertise exterior of tech, similar to in areas like operations, gross sales or finance, revealing a possible hole in strategic information amongst AI management
• A number of the most typical former employers of present Chief AI Officers are Google, IBM, Oracle and Accenture
• Massive and distinguished universities producing massive numbers of Chief AI Officers embrace the College of Texas at Austin, Stanford and Harvard
As synthetic intelligence continues to reshape industries, it’s not simply know-how that’s evolving — it’s the management staff too. Altrata’s newest examine is vital for corporations attempting to grasp how AI is influencing company management traits and for these looking for perception into the backgrounds and traits of this rising govt position.
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