As companies race to deploy artificial intelligence, they're also chasing after chief AI officers. That might not be the best approach.
That might not be the best approach, said Mike Doonan, managing partner at executive search firm SPMB, where he specializes in placing high-level tech talent.
That might not be the best approach, said Mike Doonan, managing partner at executive search firm SPMB, where he specializes in placing high-level tech talent. During a recent CNBC Technology Executive Council virtual event, Doonan told CNBC's "Closing Bell: Overtime" co-anchor Jon Fortt that while his firm is getting called on by companies to do searches for a chief AI officer, it's turning many of them away.
"All I could think is that you could change the word 'cowbell' to 'AI,'" Doonan said. "Because every company is saying 'I just want more and when you ask why, they say 'I don't know, I just need more.'" "If the CTO is the most senior technology executive at the company, then I think that person can be responsible for coordinating across all the functions of AI whether that's infrastructure, data, or security," he said. "But just throwing another acronym and executive in the mix of a management team that isn't broken is just going to cause more problems than anything else.
Not surprisingly, the conversation eventually got around to another big issue companies are grappling with: the return to the office. Doonan said his work with tech clients is proving that the "pendulum is definitely swinging in the direction of in-office."
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