This article makes the point that both CIOs and CTOs need to understand emerging technologies like artificial intelligence in order to guide their companies effectively.
However, given the pace of change, it seems unrealistic to expect any one person to truly master every new development. A more collaborative approach between CIOs, CTOs and other C-suite executives may therefore be needed. Regular sharing of knowledge across functions could help ensure organizations gain the best strategic view of new opportunities and risks.
CIOs and CTOs may need to cultivate strong networks both inside and outside their companies to keep ahead of technological change - no individual can do it alone in today's complex innovation environment.
During the IT explosion in the 1990s and 2000s, the CTO role became intertwined with the CIO's.
While both positions ensure organizations stay technologically competitive, their focuses should be distinct to keep up with today's fast-moving landscape.
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