Here’s how artificial intelligence is changing boardrooms
Here’s how artificial intelligence is changing boardrooms
https://www.cnbc.com/2026/05/11/heres-how-artificial-intelligence-is-changing-boardrooms.html
Publish Date: 2026-05-10 22:10:00
Source Domain: www.cnbc.com
- An increase in companies appointing Chief AI Officers (CAIOs): The IBM report revealed that 76% of over 2,000 organizations surveyed have established a new CAIO position, up from 26% in 2025.
- Growing influence of the Chief Human Resources Officer (CHRO): The IBM report suggests that 59% of organizations expect the influence of the CHRO to grow due to the challenges and opportunities presented by AI adoption.
- Ambiguity in executive roles regarding AI responsibility: The current roles like CTO, CIO, and CDO often create confusion over who is responsible for AI initiatives, leading to the creation of the CAIO role for overseeing AI transformations.
- Organizational focus on AI innovation: Firms like HSBC and Lloyds Banking Group have established CAIO roles to stay ahead in AI innovation, despite the cost and unpredictability of their mainstream adoption.
- Human resource challenges in AI adoption: With 93.2% of respondents in Bean’s survey citing cultural challenges as a principal hurdle, enhancing employee AI literacy and strategic transformation through HR is key.
- Uncertainty over the permanence of the CAIO role: While some organizations have introduced CAIOs, it’s uncertain whether this role will become permanent or eventually be integrated into existing executive portfolios.
- Potential labor impact of AI: The article highlights the significant layoffs in the tech sector, raising concerns about the labor crisis arising from widespread AI adoption.
- Positive impacts of AI on business operations: Bain & Company’s report suggests that AI can free up human resources for other tasks by converting labor costs into software spending for automation.
