When AI Came to Town: Struggling Cities Face More Pain From Artificial Intelligence Boom - News Summed Up

When AI Came to Town: Struggling Cities Face More Pain From Artificial Intelligence Boom


Artificial intelligence is likely to transform our world in many ways, but one that hasn't received much attention is the technology's looming impact on real estate. Not surprisingly, the companies that use AI best are AI companies themselves. The more that companies adopt AI, of course, the more those companies will look like and be run like the AI companies themselves. I predict a major real estate comeback for San Francisco and nearby environs, and probably gains for Manhattan as well. But the anticipated legions of highly paid AI workers will create demand for some pretty fancy homes, just as previous tech booms have done.


Source: Hindustan Times November 25, 2023 13:41 UTC



Loading...
Loading...
  

Loading...