Will AI’s Next Casualty Be Paris’ Office Towers?
Paris’s version of Canary Wharf suffers real-estate distress as WFH, Zoom and emerging AI reduce office space needs.
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Bonjour et Bienvenue to the Paris Edition. I’m Bloomberg Opinion columnist Lionel Laurent. If you haven’t yet, subscribe now to the Paris Edition newsletter.
Anyone who’s been to La Defense, the Canary Wharf-esque business district on the outskirts of Paris, will have had at least one experience of being hopelessly late and utterly lost amid the maze of skyscrapers and bulging towers. And while it’s certainly better than it used to be in terms of amenities, workers rarely seem to hang around long.