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While AI provides many business opportunities across industries, the organizational implications of AI are still largely unclear. We investigate governance roles related to AI use in practice, and undertake first steps to define the role profiles of a Chief AI Officer (CAIO) and an AI Risk Officer (AIRO). We base our inquiry on two sources: a literature review and evaluative interviews with nine AI professionals from small- and medium-sized companies. We find that, whereas the roles and activities associated with the CAIO and AIRO are commonly deemed relevant for such companies in the long run, today only a few companies have implemented them. Especially the creation of the CAIO position seems justified, due to the complexity of AI and the need for extensive interaction and coordination related to AI governance.



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