We are given that ice and water are in equilibrium at 273.15 K and 1 atm pressure. This is the melting point of ice.
The Clausius-Clapeyron equation describes the relationship between pressure and temperature for phase transitions:
$$ \frac{dP}{dT} = \frac{\Delta H}{T \Delta V} $$
For the ice-water transition, $ \Delta H $ is the enthalpy of fusion (positive), and $ \Delta V = V_{\text{water}} - V_{\text{ice}} $. Since ice is less dense than water, $ V_{\text{ice}} > V_{\text{water}} $, so $ \Delta V < 0 $.
Therefore, $ \frac{dP}{dT} < 0 $. This means that an increase in pressure will lower the melting point of ice.
Since the temperature is kept constant at 273.15 K and the pressure is increased, the ice will start to melt to form water. This is because at the higher pressure, the temperature is above the new melting point.
Conclusion: The amount of ice will decrease.
Final Answer:
The final answer is $ \text{The amount of ice decreases.} $