Research Briefing
| Mar 26, 2024
Offices globally the most exposed CRE sector to generative AI
We expect that offices will be the most exposed US property sector to the impact of generative AI by 2032, followed by life sciences and manufacturing. In contrast, the hospitality and industrial sectors look set to be the least exposed.
What you will learn:
- Generative AI will influence economies through its ability to assist or automate workplace tasks. Occupations have differing degrees of potential exposure to generative AI, based on their task composition and the expected rate of adoption.
- Occupations that are typically office-using have a greater theoretical maximum potential for generative AI to automate tasks, while these businesses are also likely to have a higher adoption rate.
- Our findings compound the bad news affecting the office sector globally, which is already suffering from the triple headwinds of home-working, working age population declines, and decarbonisation-related capex.
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