New data from employment site LinkedIn shows the number of companies worldwide that now have a dedicated executive leading AI efforts has tripled over the past five years."
In a recent article titled The Rise of the Chief AI Officer, "The <Financial Times> newspaper quotes David Mathison, an entrepreneur who's founder and CEO of the world's first Chief AI Officer Summit, saying the job needs a person with a "deep understanding of AI tech, machine learning, data science, and analytics." It is, after all, a highly technical role that involves some truly cutting-edge tech--along with a grasp of the legal and change-management issues the technology brings with it."
"LinkedIn's data shows that the role is actually a fast-growing one, and as the Financial Times notes it's not just in tech companies. Since AI has applications in many aspects of business, it can change the fortunes of a health company or financial firm as much as those of a technology business."
"The threat of AI taking work away from human staff is underlined by news from tech news site Axios, whose CEO Jim VandeHei predicted in an interview with The Seattle Times that the surge in AI will "eviscerate the weak, the ordinary, the unprepared in media," and it's an existential threat "as profound, if not more profound, than moving from print to digital" presented to news and media organizations the world around."
"The Biden administration last month directly addressed the role of CAIOs in the workplace with a requirement that federal agencies had to appoint people to that role where they will, as the Financial Times notes, "ensure accountability, leadership, and oversight" over matters relating to AI. The Justice Department appointed an AI official in late February."
Tomorrow we will explore how, when, and why we started tracking Chief AI Officers, the current number of CAIOs, the challenges for companies and organizations looking to hire these executives, and how the CDO Club will launch a new service to "even the playing field" for C-level AI executives at SMBs, non-profits, and other organizations that have been priced out of the market for AI talent.
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As Axios reported in DC's Hottest New Job: The Chief AI Officer, "Hundreds of agencies across the federal government are scrambling to find more than 400 chief AI officers by the end of the year. Why it matters: The requirement, one of the edicts of President Biden's recent AI executive order, aims to make sure every arm of government has a top exec who is ready to deal with AI. Driving the news: The Office of Management and Budget has released guidance to federal agencies on how to implement Biden's AI executive order — and how to hire a chief AI officer (CAIO) is on top of that list. The Executive Office of the President is also required to hire a Chief AI Officer."
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What can you expect from our upcoming CDAO and Chief AI Officer Summits in DC in June?
Check out these videos of all sessions from our 10th CDAO Summit and the world's first-ever Chief AI Officer Summit from December 2023, hosted by the D'Amore-McKim School of Business and the Institute for Experiential AI at Northeastern University in Boston MA.
We are embedding the videos from each session on our blog post re-caps below - so stay tuned:
* 10th CDAO Summit re-cap <-- the final video was posted today, all vids are up! * 1st Chief AI Officer Summit re-cap <-- videos coming soon!
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See what previous speakers, delegates, and sponsors had to say about our Summitshere.
"Thank you David Mathison for the opportunity to share and highlight the healthcare industry trends at today’s 10th CDAO Summit, and for for putting together such a fantastic Chief AI Officer Summit! BigID is proud to sponsor and support this community." Peggy Tsai: Chief Data Officer, BigID
"Great conference, David Mathison! The topics were relevant, the panelists and speakers top notch, the setting was intimate, and the connections were truly valuable for any senior executive in the digital space. Thanks for pulling it together. I really look forward to attending next year.” Lisa Choi Owens: Chief Revenue Officer and Director at TED
The CAIO Summit is the world's first-ever event specifically for Chief AI Officers and leaders in Generative AI. Brought to you by the producers of the 1st-ever CDO Summit in 2013, our inaugural event is hosted by The Institute for Experiential AI at Northeastern University in Boston MA. The program includes the best AI strategists and practitioners on earth, in an intimate, collegial, and supportive environment designed to encourage networking, learning, and knowledge-sharing. If you are tasked with mastering the strategies and tactics to surpass your AI business objectives, secure your seat at the CAIO Summit today. Visit the website.
About the CDO/CDAO Summit:
For over a decade, the CDO/CDAO Summits have been addressing the challenges and opportunities arising from AI, analytics, big data, the cloud, digital disruption, and social and mobile media. Our gatherings include the best data/digital strategists and practitioners on earth, in intimate, collegial, and supportive environments designed to encourage networking, learning, and knowledge-sharing. If you are tasked with mastering the strategies and tactics to achieve and surpass your data/digital business objectives, be sure to join us at a CDO Summit today. Visit the website.
About the CDO Club:
The CDO Club is the world’s first, largest, and most powerful community of C-suite AI, analytics, data, digital, and cyber-security leaders. Our members receive access to advisory services, breaking news, original research, career development support, networking opportunities, and inspirational events. Our high-impact services are designed to help our members improve their capabilities, strengthen their professional networks, openly share insights & strategies, & collaboratively identify the tools essential to help them succeed in navigating today’s rapidly evolving, highly competitive & complex online environment.Visit the website.
"The Chief AI Officer Talent Map" keynote by David Mathison, CEO at CDO Club & CAIO Summit at the world's 1st CAIO Summit hosted by the Institute for Experiential AI (12/14/23)
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We'd love to hear from you. Email us at info@CDOSummit.comor call +1 516 488-1143.
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