Digital transformation

Fintech has taken off across the world in recent years and companies in Hong Kong’s financial sector are pursuing innovation to enhance safety and protect clients’ assets.

Three decades ago a young scientist working at CERN, the international nuclear research facility that straddles the French-Swiss border, proposed solving the problem of sharing the vast amount of data his field generated by linking text mark-up with the Internet, which at that stage was little-known outside academic and military circles.

The Hong Kong Trade Development Council (HKTDC) helped the Chinese University of Hong Kong (CUHK) reach a research agreement with AI Medical Service (AIM) – a Japanese medical start-up which develops artificial intelligence (AI) endoscopic diagnostic technology – to accelerate development, promote it in Hong Kong and enhance clinical application in other Asian economies.

The second International Healthcare Week (IHW), organised by the Hong Kong Trade Development Council (HKTDC) and supported by a wide range of healthcare sector partners, runs from 16 to 31 May in Hong Kong, leveraging the city’s strategic role as an innovation and investment healthcare hub in Asia.

As the post-pandemic world takes shape, exhibitors and buyers are flocking back to physical exhibitions. At the same time, lifestyle and licensing-product suppliers are adapting to profound shifts in buyers’ tastes and priorities.

ChatGPT, developed by OpenAI, an artificial intelligence (AI) research and development company, can quickly generate clear text content by learning and understanding reams of language data and can even actively write stories. As AI technology advances exponentially, it is inevitable that the industry will worry about whether traditional jobs will be replaced by AI in the near future.