A Chief AI Officer is unnecessary, much like how companies do not appoint Chief Wifi or Knowledge Officers. Instead, AI responsibility should be spread across the organisation. AI often begins with small cross-functional teams (“Tiger Teams”) developing proof-of-concepts. However, as AI matures, companies need well-defined ambitions, as well as aligned technology, and data strategies.
The best approach is to establish an AI Centre of Excellence (CoE), which centralises expertise, resources, and best practices. Leadership of the CoE will depend on the strategic importance of technology to the business. Although the CoE is a temporary entity, its goal is to fully embed AI within the company, but this may mean it is many years before the centre can be dissolved.