Fiduc-IA Corp participated at the Panel Creating the Ideal Single-Family Office (SFO) Platform for UHNW Families in the UAE. Watch the video here.

The 2024 Work Trend Index from Microsoft and LinkedIn reveals a bottom-up revolution in AI adoption, with 75% of office workers already using AI—often without management’s knowledge—to save time, boost creativity, and enhance job satisfaction. While employees are embracing AI at a rapid pace, leaders face the challenge of balancing innovation with measurable ROI, with 79% agreeing AI is crucial for competitiveness, but 59% struggling to quantify its gains. To stay ahead, organizations must act now to develop a clear AI strategy that empowers employees and aligns with ethical values.

Are you truly getting the most out of your AI investments? As the world of artificial intelligence (AI) rapidly evolves, one of the most transformative developments is the rise of generative AI. According to recent research by McKinsey, 65% of organizations now regularly utilize generative AI (GenAI). But the real question is: Is your AI strategy delivering the results you expected?

The 2024 Ocorian Global Family Office Report highlights that while 85% of family offices have undergone professionalization in recent years, there is still a significant gap between adopting new strategies and fully integrating them into operations. This gap often leaves family offices exposed to risks they might not even realize they’re facing—risks that could undermine their long-term objectives.

By embracing AI, enhancing compliance frameworks, and leveraging the expertise of outsourcing partners, your family office can not only survive but thrive in this new environment.

At the London Evident AI Symposium, Dr. Manuela Veloso, Head of AI of JP Morgan bank highlighted the game-changing potential of domain-specific AI. Rather than chasing Artificial General Intelligence (AGI), Veloso advocates for AI solutions tailored to specific industries like finance and medicine, where they can drastically enhance productivity and decision-making. Her insights underscore the need for businesses to integrate specialized AI systems to stay competitive and drive innovation.

AI adoption is transforming trustees and family offices, enhancing efficiency and decision-making. However, the Dunning-Kruger Effect—a cognitive bias leading to overconfidence—can hinder successful AI implementation. This post explores its impact on AI adoption and provides steps to ensure your AI strategy achieves optimal results.

A recent McKinsey Global Survey highlights a striking disparity: while employees are quick to adopt Gen AI tools, only a small fraction of organizations have implemented comprehensive AI strategies. This gap not only leaves untapped potential on the table but also poses significant risks for those who fail to integrate AI into their core operations.