AI Is Undermining Wall Street`s Faith In Office`s Comeback

Wall Street isn’t buying the office market’s recovery, even as buildings fill up, leasing improves and values finally appear to have bottomed. 

Office REIT stocks have sunk this year amid fears that artificial intelligence could permanently reduce the number of workers companies need — and the space to house them.

Compounding those concerns are the massive concessions landlords are offering to lure tenants, raising doubts about whether today’s leasing gains will translate into real cash flow...   ...more

RSK: We shall see if this is true. Computers were going to supplant humans when they first came out as well. Office sector has more to worry about than AI.