MEET YOUR NEW AUDIO PLAYLIST

Hey guys, it's Brian Fo, your Family office investment partner from Vyzer.

Earlier today I bumped into a recent blog post by Francois Botha, one of the most important voices out there in the Family office investment industry and wanted to share some of his insights. 

Before I dive into details, I highly recommend that you follow Francois on Forbes. You'll find a quick link to his profile down below. 

So today, Francois dive into the changes in the tech workforce and the way they could impact family offices looking to seize new opportunities.

The past week has been a whirlwind in the markets.

Alphabet's stock soared after reporting strong earnings, which is fantastic news for investors.

But here's the kicker—this comes at a time when the company is also cutting jobs.

Major players like Intel and Meta are following suit, slashing their workforce.

This isn't just about cost-cutting; there's a deeper transformation happening, and public interest is skyrocketing, as seen in Google trends.

These workforce changes signal a broader shift in the market, with companies pivoting towards artificial intelligence and reassessing their staffing and global trade strategies.

For family offices investing in tech, this is a crucial moment.

They need to focus on three key areas: managing investment risk, attracting top talent, and uncovering new business opportunities. Let's talk about managing investment risk in this uncertain landscape.

Tech companies are grappling with more than just layoffs; they're facing global challenges like tariffs and trade conflicts that directly impact their costs and profits.

Family offices can't just rely on quarterly earnings anymore.

They need to consider how these global factors affect their investments.

Diversifying across different markets or industries is essential to mitigate risks and safeguard against unexpected events. Now, onto the exciting part—people as assets, not costs.

With many skilled professionals re-entering the job market, family offices have a golden opportunity to build strong teams.

They're starting to operate like tech startups, viewing talent acquisition as an investment rather than a mere expense.

Skills in cybersecurity, AI, and data analysis are in high demand, and family offices must invest in training and development to stay ahead. But it's not just about hiring; it's about collaboration between humans and technology.

The recent changes in the tech industry raise questions about the future roles of workers.

Instead of focusing solely on replacing human jobs, we should be looking at how people and technology can work together.

Human skills like judgment and critical thinking are irreplaceable and will remain vital for years to come. Finally, staying flexible is key in this ever-changing market.

The shifts we're witnessing are more than just typical market fluctuations.

Family offices need to be cautious and avoid following trends blindly.

Thoughtful analysis and a willingness to adapt are essential.

Those who keep an open mind and commit to learning will be the ones who thrive. So, as we navigate this fascinating landscape, remember to stay curious and keep on learning how AI evolves in this crazy time we're living in.

Embrace the changes, and let's push things forward together!