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Autodesk CEO says we need AI to support a world of 10 billion people

By
Diane Brady
Diane Brady
and
Nicholas Gordon
Nicholas Gordon
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By
Diane Brady
Diane Brady
and
Nicholas Gordon
Nicholas Gordon
Down Arrow Button Icon
April 12, 2024, 2:42 AM ET
Andrew Anagnost, CEO Autodesk Inc., during a Bloomberg Television interview in London on April 25, 2023.
Andrew Anagnost, CEO Autodesk Inc., during a Bloomberg Television interview in London on April 25, 2023. Chris Ratcliffe—Bloomberg via Getty Images

Good morning.

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At our Brainstorm Design conference in Macau a few months ago, an architect sketched a few lines and had an AI tool turn them into a complex building design—albeit one geared more towards beauty than structural integrity. When my colleague Alan Murray recounted that story to Autodesk CEO Andrew Anagnost in his recent Leadership Next podcast with co-host Michal Lev-Ram, it sounded like a potential doomsday scenario for architects, engineers, and designers everywhere. 

The interview instead conveys a thrilling sense of excitement and hope. Computer-aided design, of course, is not new. Autodesk released its AutoCAD software in 1982 and today creates software tools for industries that collectively employ 295 million people worldwide. With generative AI, Autodesk’s products now allow users to test new materials, design scenarios, and other tasks in record time. 

In a world that could grow to 10 billion people over the next three decades, there will be plenty of opportunities to put those tools to use. “We’re going to be adding anywhere between 35 and 45 Tokyos to the world every year between now and then,” said Anagnost. “There’s not enough money, people or material to make and remake everything that needs to be made and remade without either destroying the planet or not being able to make it at all because just don’t have the capacity.”

Maybe that’s why Autodesk’s new 2024 State of Design & Make Report found more than three-quarters of the 5,400 leaders and experts in the industries it serves reported high trust and optimism about AI. Seventy-two percent of respondents said their organizations increased spending on AI and emerging technologies over the past three years, with 27% saying the investments have strongly increased. AI is proving to be instrumental in the sustainability battle, reducing waste and testing the efficacy of new products like curtain walls made out of mushrooms—which Anagnost describes as “a beautiful material that stores carbon, is very durable, and can be shaped into anything you want it to be.” 

As Anagnost told me over lunch yesterday, the challenge right now is to create a policy environment that protects against the downside of AI while promoting the possibilities for people to use it as a force for good, whether in personal creativity or enterprise sustainability. One person who shares that optimism is James Cameron, the director behind the Terminator and Avatar film franchises. In a fireside chat hosted by Autodesk earlier this week, Cameron told Anagnost that what excites him is the potential for AI to unleash new creative possibilities and solutions to design challenges, “allowing artists to stay at a higher level.” It sounds like a plot for a new movie; let’s hope that utopian vision can also play out in real life.

You can listen to Anagnost’s full Leadership Next interview on Apple or Spotify.

Diane Brady
@dianebrady
diane.brady@fortune.com

TOP NEWS

Amazon’s seller revolt

Amazon CEO Andy Jassy is defending his company’s relationship with third-party sellers as it tries to impose controversial new fees. “Sellers are making a lot more money selling on Amazon than they could on their own,” Jassy said in a TV interview, pointing to the company’s packaging and distribution services. But third-party sellers, who provide 60% of goods sold on the platform, aren’t convinced: “Amazon’s relationship with sellers is the worst it’s ever been in my 13 years,” one wrote on X. Fortune

A Boeing supplier defends itself

Spirit AeroSystems, a major Boeing supplier, argues that its widely-reported use of dish soap and hotel key cards in the plane manufacturing process are an example of creativity, not carelessness.  “Our workers routinely find creative ways to make the process of building fuselages more efficient,” Spirit’s chief technology officer Sean Black said. The company later worked with Boeing to create a tool to replace hotel key cards. The New York Times

U.S.-China flights

U.S. airlines accused Beijing of denying them equal access to China's aviation market and called on the Biden Administration to stop approving flights to and from China in a letter to Secretary of State Antony Blinken and Transportation Secretary Pete Buttigieg. In March, the U.S. and China agreed to lift the number of round-trip flights by Chinese airlines to 50 a week, still far below the average 340 flights before the pandemic. U.S. airlines are also frustrated that Chinese carriers are not bound by rules preventing them from flying over Russian airspace. Bloomberg

AROUND THE WATERCOOLER

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Meta and Google announce new in-house AI chips, creating a ‘trillion-dollar question’ for Nvidia by Dylan Sloan

Germany set to permanently pay for reliance on Russian gas—as power chief says ‘significant structural demand destruction’ means it will never fully recover from energy crisis by Ryan Hogg

Amazon is selling tiny houses for less than $20,000 apiece—and the internet loves the unboxing videos by Chris Morris and Alena Botros

The CEO of Norway’s $1.6 trillion sovereign wealth fund has a fun side gig: Hosting a podcast that features top C-suite execs like Elon Musk, Michael O’Leary, and Ana Botín by Prarthana Prakash

This edition of CEO Daily was curated by Nicholas Gordon. 

This is the web version of CEO Daily, a newsletter of must-read insights from Fortune CEO Alan Murray. Sign up to get it delivered free to your inbox.

About the Authors
Diane Brady
By Diane BradyExecutive Editorial Director
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Diane Brady writes about the issues and leaders impacting the global business landscape. In addition to writing Fortune’s CEO Daily newsletter, she co-hosts the Leadership Next podcast, interviews newsmakers on stage at events worldwide and oversees the Fortune CEO Initiative. She previously worked at Forbes, McKinsey, Bloomberg Businessweek, the Wall Street Journal, and Maclean's. Her book Fraternity was named one of Amazon’s best books of 2012, and she also co-wrote Connecting the Dots with former Cisco CEO John Chambers.

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Nicholas Gordon
By Nicholas GordonAsia Editor
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Nicholas Gordon is an Asia editor based in Hong Kong, where he helps to drive Fortune’s coverage of Asian business and economics news.

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