Dislocation is never easy, but there’s method to its madness—and opportunity.
You don’t have to search long for AI enthusiasts in commercial real estate, but then again, the skeptics are also around the corner. Sure, such emerging technologies might end up defining the whole century, but when it hits a lot closer to home, you do wonder. Will AI fill empty offices and other vacant commercial real estate space? Will it benefit the sector or simply change the paradigm so much, these questions won’t matter?
The possibility that AI could boost office space demand popped up more clearly last year, albeit at a local level. In 2023, San Francisco-based firms captured 67 percent of venture capital funding for global AI, and those in the Bay Area overall nabbed a whopping 78 percent...
The possibility that AI could boost office space demand popped up more clearly last year, albeit at a local level. In 2023, San Francisco-based firms captured 67 percent of venture capital funding for global AI, and those in the Bay Area overall nabbed a whopping 78 percent...
RSK: If the author is correct on his assumption, the Madison area may benefit from this with all our growing health tech.
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- - Volume: 24 - WEEK: 19 Date: 5/7/2024 6:11:37 PM -