What: AI might have what it takes in terms of decision-making capabilities to occupy the top job.

Why it is important: Is AI a tool or a threat to retail CEOs?

A recent survey by edX revealed that 49% of CEOs believe AI could replace "most" or "all" of their duties. However, the specifics of which tasks AI would take over were not detailed. While edX's founder, Anant Agarwal, suggests AI will transform the CEO role by removing mundane tasks and allowing a focus on core responsibilities, skepticism remains about the real-world applications of such claims. While AI's introduction can ease some administrative tasks for CEOs, its more profound impact will likely be on guiding companies through AI's broader implications, managing AI-driven workforce changes, and setting ethical standards for AI use. The survey also indicated that executives knowledgeable in AI have better chances of promotion, with 85% believing their next CEO will have AI experience.

Will AI replace CEOs?