AI FOMO driving some family offices into tech investments, survey suggests

Nattrass | E+ | Getty ImagesA version of this article appeared in CNBC's Inside Wealth newsletter, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.Eighty-five percent of family offices rank artificial intelligence as their top investment theme, despite 75% expecting an AI bubble to burst within the next five years, according to a new survey. The poll of 155 North American family offices was conducted by RBC Wealth Management and Campden Wealth.RBC's Bill Ringham said these mixed feelings about AI can be traced to several potential factors, including cautious optimism about the technology and concerns about sitting on the sidelines of an investment boom."Even patient capital can be caught up in the fear of missing out," said the director of private wealth strategies.A combined 85% of respondents ranked AI an asset class or investment theme likely to reward investors over the next 12 months, the next two to five years, or both. The next most popular picks were U.S. equities and direct investments, selected by 76% and 72% of respondents, respectively.However, while AI was the top investment theme of 2026 at 59%, fa...