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WSJ Tech News Briefing

TNB Tech Minute: AI Boom Is Reshaping Commercial Real Estate, Per Census Data

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.31.7K Ratings

🗓️ 23 December 2025

⏱️ 3 minutes

🧾️ Download transcript

Summary

Plus: Layoffs are expected across the marketing industry as leaders face pressure over AI savings, according to a survey by Spencer Stuart. And Samsung is set to acquire ZF Group’s ADAS unit for about $1.76 billion. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

As companies seek to close growing gaps in skills and talent,

0:04.0

Deloitte US CEO Jason Garzatus believes it's important for organizations to understand their baseline of skills.

0:10.0

There's so many organizations that can't ask and answer the fundamental questions about how much computer science or data management skills do I have or AI development skills in a given domain?

0:25.4

By performing a skills inventory, leaders can truly understand where their efforts should be focused.

0:28.0

Being blind to those gaps is the real miss.

0:32.6

Visit Deloitte.com to learn how your enterprise can help successfully cultivate talent.

0:40.8

Here's your afternoon TNB Tech Minute for Tuesday, December 23rd. I'm Julie Chang for the Wall Street Journal.

0:48.0

Spending on data center construction looks poised to surpass office building construction as soon as next year,

0:55.5

according to U.S. Census Bureau data. That's leaving commercial real estate investors vulnerable to any potential correction in AI that disrupts demand for data centers. So far, though, the reward outweighs the risk.

1:01.1

Per the National Council of Real Estate Investment fiduciaries, data centers yielded an 11.2%

1:07.8

return last year, higher than every other sector other than manufactured housing.

1:13.8

Meanwhile, layoffs are expected across the marketing industry due to AI. A new survey from

1:20.1

executive search firm Spencer Stewart found 36% of marketing leaders expect to reduce headcount

1:26.1

over the next two years by utilizing

1:28.3

AI or eliminating redundancies. At larger companies, with $20 billion or more in revenue,

1:34.6

the outlook was grimmer, with almost half of respondents saying they expect to cut staff,

1:40.3

and about a third said they already did so this year. Still, most CEOs have yet to see the desired

1:46.3

returns or savings from their AI spending sprees, according to another poll by advisory firm 10AO of more

1:52.5

than 350 CEOs at public companies. And Samsung Electronics plans to acquire the advanced driver

2:00.4

assistance systems business of Germany's

2:02.9

ZF Group, stepping up its push into vehicle components. Samsung announced today that its

2:08.3

auto component and audio subsidiary, Harmon International, will take over ZF's 8-S unit for about

...

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