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Generative AI has seen a rapid rise in popularity, with widespread adoption across businesses and industries. To discuss the growing importance of this technology, Autodesk CEO (ADSK) Andrew Anagnost joins Yahoo Finance. Anagnost emphasizes that companies increasingly recognize that using AI is essential for maintaining competitiveness, with the mindset shifting to "if I'm not using AI, I'm not going to be competitive." However, he says companies "can't just jump into AI," as the companies that benefit the most are typically digital businesses. As a result, Anagnost observes that many companies are working to update their digital infrastructure "to get ready for AI." He points out that while some aspects of AI may not sound as glamorous as self-driving cars, other mundane use cases for the tech are "really, really important." Using the ongoing tragedy of the Francis Key Bridge accident in Baltimore as an example, he explains how AI-based tools could significantly boost the productivity of teams involved in the cleanup and rebuilding efforts, demonstrating the technology's "incredibly valuable" applications. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance. This post was written by Angel Smith