Close Menu
  • Home
  • AI
  • Entertainment
  • Finance
  • Sports
  • Tech
  • USA
  • World
  • Latest News

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

What's Hot

How artificial intelligence will change the boardroom

May 11, 2026

Target overhauls baby stores to compete with Walmart and Amazon

May 11, 2026

Streaming approaches cable TV tipping point as Netflix hits $20

May 11, 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram Vimeo
BWE News – USA, World, Tech, AI, Finance, Sports & Entertainment Updates
  • Home
  • AI
  • Entertainment
  • Finance
  • Sports
  • Tech
  • USA
  • World
  • Latest News
BWE News – USA, World, Tech, AI, Finance, Sports & Entertainment Updates
Home » How artificial intelligence will change the boardroom
Tech

How artificial intelligence will change the boardroom

adminBy adminMay 11, 2026No Comments5 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
Share
Facebook Twitter LinkedIn Pinterest Email


Mascot | Digital Vision | Getty Images

Since the debut of OpenAI’s ChatGPT in 2022 and the ensuing AI revolution, workers across all industries have experienced across-the-board layoffs.

New report published by IBM But last week showed that AI is also reshaping how boards of directors and CEOs make decisions.

According to the report, 76% of the more than 2,000 organizations surveyed have created a new executive department (chief AI officer (CAIO)), up from 26% in 2025.

Analysts and experts have expressed concerns about the potential for a labor crisis as AI spreads across the corporate landscape.

“AI is driving what may be the biggest organizational transformation since the industrial and digital revolutions,” Vivek Rath, a partner at McKinsey & Company, told CNBC.

IBM’s report also found that AI is deepening its influence in one of the C-suite’s most established portfolios, with 59% of respondents expecting the influence of chief human resources officers (CHROs) to expand.

blurred lines

As AI matures, the picture becomes increasingly confusing due to issues of AI ownership in the boardroom.

Lian Jie Hsu, chief analyst at market research firm Omdia, said the existing roster of technology roles such as chief technology officer, chief information officer and chief data officer often creates ambiguity about AI responsibilities at the C-level.

As a result, companies are starting to establish dedicated offices at CAIO to oversee their AI transformations as AI adoption presents unique challenges, including infrastructure, governance, integration, and workflow modernization, Su said.

This year alone, organizations such as HSBC and Lloyds Banking Group have moved to hire people for this role.

However, estimates of the number of companies appointing CAIOs vary widely.

“Have you seen a chief AI officer? Yes. Do you think that will become mainstream? No, probably not,” says Jonathan Taber, advisory director at a consulting firm. gartnersaid.

Organizations that appoint CAIOs “have chosen to be at the forefront of this innovation,” Tabor said, adding that creating new executive roles often comes at a significant cost that not all companies can justify or afford.

IBM wrote in the report that CAIO “enables calculated risk-taking across the organization” while setting clear AI transformation goals and guidelines that “teams can accelerate without spinning out of control.”

McKinsey believes its responsibility to centrally coordinate AI efforts across the enterprise is more important than creating a specific title, Russ said.

But according to Randy Bean, industry advisor and author of the 2026 AI & Data Leadership Executive Benchmark Study, the mission of an office like a CAIO often varies by organization and typically evolves over time.

The real question, Bean said, is whether the nascent CAIO role is “transitional” and could be incorporated into other executive portfolios once the AI ​​transformation matures, or whether it will become more permanent.

Human resources questions

“Chief human resources officers are in a unique position to influence talent management, talent acquisition, and training processes within an organization,” said Omdia’s Su, adding that employee AI literacy is a “key hurdle” for many companies.

Similarly, in Bean’s 2026 AI and Data Leadership Survey, 93.2% of respondents cited “cultural challenges” rather than technical limitations as the primary barrier to AI adoption.

Analysts like Gartner’s Tabah see the automation potential of AI as an opportunity to encourage HR to take on a more strategic role. “This is an opportunity to finally take some of the workload off[human resources]and step up and become a strategic leader,” he said.

But Taba also warned that the opposite could be true. “If HR within an organization is primarily operational rather than strategic, HR will be pushed more into operations and become more automated.”

But perhaps more telling is how executives are dealing with the human impact of AI-induced employment disruption.

“In the short term, we expect senior leadership roles to be the least disruptive…they are the most insulated from AI,” Tabor said. “That doesn’t mean they’ll be absolved of the responsibility of knowing how to implement it or how to drive implementation, but they’ll be most absolved in terms of the impact on the job at hand.”

But the role of the executive often resists simple codification, making it difficult to outsource tasks such as strategic decisions and stakeholder management to AI algorithms.

“Another part of the answer is that[executives]have the most control over where the impact of AI is felt, so they are best able to protect themselves from disruption,” Tabor added.

Layoffs.fyi estimates that more than 101,000 technology employees have been laid off worldwide since the beginning of the year. More than 20,000 job cuts have been reported across companies such as Meta and microsoft In April, analysts began seeing these layoffs as a sign of things to come.

On Thursday, Bain & Company released a report estimating that some of the software-as-a-service companies hardest hit by new AI capabilities could reap nearly $100 billion by “transforming labor costs into software spend by automating reconciliation tasks.”

“We’re not saying there’s no impact on labor. I think we’re just saying the world doesn’t need another voice… We’re talking about it without putting it in the context of the positive things that are going on right now, which is more work being done and people being freed up to do other things,” Bain management consultant David Crawford told CNBC.

Never miss the most trusted news moments in business news when you choose CNBC as your preferred source on Google.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
Previous ArticleTarget overhauls baby stores to compete with Walmart and Amazon
admin
  • Website

Related Posts

MrBeast and top creators turn to platform gurus

May 10, 2026

Alphabet’s 160% annual gain reflects the value of owning a large portion of the AI ​​stack

May 10, 2026

Nvidia welcomes AI investors, with equity investment topping $40 billion in 2026

May 9, 2026

Jim Cramer says it’s ‘not too late’ to have a market-driving AI winner in your company

May 9, 2026
Leave A Reply Cancel Reply

Our Picks

Newly freed hostages face long road to recovery after two years in captivity

October 15, 2025

Former Kenyan Prime Minister Raila Odinga dies at 80

October 15, 2025

New NATO member offers to buy more US weapons to Ukraine as Western aid dwindles

October 15, 2025

Russia expands drone targeting on Ukraine’s rail network

October 15, 2025
Don't Miss
Entertainment

Britney Spears talks about her ‘spiritual journey’ after arrest

By adminMay 10, 20260

Kevin Federline talks about kids with Britney SpearKevin Federline said in an August 2022 interview…

Savannah Guthrie pays Mother’s Day tribute to Nancy Guthrie

May 10, 2026

Martin Short breaks his silence about the death of his daughter Catherine

May 10, 2026

Fisherman sandals trend 2026, the best comfortable summer shoes

May 10, 2026
About Us
About Us

Welcome to BWE News – your trusted source for timely, reliable, and insightful news from around the globe.

At BWE News, we believe in keeping our readers informed with facts that matter. Our mission is to deliver clear, unbiased, and up-to-date news so you can stay ahead in an ever-changing world.

Our Picks

Machado was not included in US plans for post-Maduro Venezuela, sources say

May 10, 2026

A scene of anxiety and relief at Tenerife’s port as people disembark from the Hantavirus ship

May 10, 2026

Rebels taunted Putin’s Africa Corps from major cities in the Sahel. Now his regional dominance is eroding.

May 10, 2026

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact US
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2026 bwenews. Designed by bwenews.

Type above and press Enter to search. Press Esc to cancel.