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Apac Office Demand to Withstand AI Disruption as Growth Moderates: CBRE
CBRE said return-to-office policies and workplace upgrades will keep demand firm, even as AI could trim office space growth by 5 percentage points.
Summary by Business Times
4 Articles
4 Articles
CBRE estimates that a moderate shift in artificial intelligence jobs would reduce the growth of office demand in Asia-Pacific by five percentage points over the next few years. The estimated risk is higher in developed economies than in developing markets in the region.
AI job losses set to rein in office demand in developed Asia-Pacific economies: report
A mild displacement of jobs across the Asia-Pacific region as companies expand their use of AI would trim five percentage points off growth in office space demand in the next few years, according to property consultancy CBRE. In a report released on Thursday it said 3.9 per cent of office jobs…
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