CRE Analyst on AI Layoffs Impact for WSJ Office Real Estate Story
The Wall Street Journal recently wrote about CEOs admitting that AI will reduce white collar jobs (https://www.wsj.com/tech/ai/ai-white-collar-job-loss-b9856259). Ford's CEO says half. What will this mean for the office segment of commercial real estate properties? How will it affect occupancy? Will the implications hit mostly B and C class properties, or also extend into A and Trophy? Also, are CRE office landlords now planning for AI's long-term impact on job roles? If you propose a source, please include some brief points they would make.
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