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CEO of $20 billion AI firm Perplexity says the secret to success is ‘sleeping with that fear’ that your competitor will steal your idea

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NewslettersCEO Daily

Qualcomm CEO Cristiano Amon thinks your relationship to your devices is about to change

Alyson Shontell
By
Alyson Shontell
Alyson Shontell
Editor-in-Chief and Chief Content Officer
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Alyson Shontell
By
Alyson Shontell
Alyson Shontell
Editor-in-Chief and Chief Content Officer
Down Arrow Button Icon
May 6, 2026, 6:03 AM ET
Cristiano Amon, chief executive officer of Qualcomm, is betting big on AI-powered wearables.
Cristiano Amon, chief executive officer of Qualcomm, is betting big on AI-powered wearables. Angel Garcia/Bloomberg via Getty Images
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  • In today’s CEO Daily: Qualcomm CEO on the future of AI-first devices.
  • The big leadership story: The quiet engineer-CEO building Anduril, a $31 billion weapons startup
  • The markets: A global rally is underway on reports of the U.S. and Iran nearing a peace deal.
  • Plus: All the news and watercooler chat from Fortune.

Good morning. Fortune Editor-in-Chief Alyson Shontell writing from New York. I recently interviewed Qualcomm CEO Cristiano Amon for my podcast, Fortune 500: Titans and Disruptors of Industry. One big takeaway: Your phone may not be your most important device for much longer.

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This year, Amon says, will be the year of AI agents—essentially, AI that can be put to work on specific tasks. By 2028, Amon believes we will see meaningful workloads shift from our phones to new, AI-first devices. At that point, we’ll see an AI consumer device emerge as our primary device, housing our own personal assistants. Within five years, Amon predicts, those devices will be dominant, serving hundreds of millions globally. 

Amon’s bet? That the device of the future is smart glasses—after all, those are closest to our key senses, our eyes and ears. But he also believes pendants, pins, jewelry, and other fashionable forms of AI personal assistants will be available and worn widely in that time frame. “The center of your digital life will no longer be the phone, it’s the agent,” Amon told me.  

Given that his $200 billion company already sits at the center of most of the devices you use every day, his predictions carry a significant amount of weight. Qualcomm’s Snapdragon chips power PCs, Android devices, ear buds, cars, and even data centers. Qualcomm is also partnering with most of the major tech companies on their future devices, including OpenAI and Meta.

When I hear Amon talk passionately about this always on, always data collecting future, the thing that stands out most is how drastically our relationship to our devices is about to change. But what does this mean for you, the busy, device-dependent executive? 

Rather than being glued to our phones for updates, in the not-so-distant future, where personal data and context is always streamed, our devices will become anticipatory. I won’t need to tell my device what I want—it will know what to do before I ask, at a time that’s best for me. It may even prod me to do what it thinks I should do.

Leaders may come to rely on devices almost as strategic thought partners, the way they would their C-suite or chief of staff. Expect to manage future devices like employees, and to have employees manage their own AI chiefs of staff and team of agents. It also means having to constantly evaluate what AI is capable of and planning new processes and even reimagining org charts accordingly. 

For more on how Qualcomm CEO Cristiano Amon sees the future and what the AI devices of the future will be like, check out our full conversation on Fortune 500: Titans and Disruptors of Industry.—Alyson Shontell

Contact CEO Daily via Diane Brady at diane.brady@fortune.com

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The markets

S&P 500 futures are up 0.70% this morning. The last session closed up 0.81%. The STOXX Europe 600 was up 2.11% in early trading. The U.K.’s FTSE 100 was up 2.20% in early trading. Markets in Japan are closed today. South Korea’s KOSPI was up 6.45%. China’s CSI 300 was up 1.45%. Hong Kong’s Hang Seng was up 1.22%. India’s NIFTY 50 is up 1.21%. Bitcoin was up at $82K.

Around the watercooler

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CEO Daily is curated and edited by Joseph Abrams, Jason Ma, Claire Zillman, and Lee Clifford.

This is the web version of CEO Daily, a newsletter of must-read global insights from CEOs and industry leaders. Sign up to get it delivered free to your inbox.
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Alyson Shontell
By Alyson ShontellEditor-in-Chief and Chief Content Officer
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Alyson Shontell is the editor-in-chief and chief content officer at Fortune.

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