In spring this year Hong Kong’s art community celebrated the end of travel restrictions by holding an “art spring”, with exhibitions and cultural events including Art Basel (main picture), Art Central, HK Walls and other art collective events at venues such as the Tai Kwun and the Fringe Club.
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.
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.
Web 3.0, blockchain, the Metaverse and other nascent technologies are at the cutting edge of industrial development and naturally create a need for agile, skilled and dynamic software developers. The Guangdong-Hong Kong-Macao Greater Bay Area is a hotspot of industrial development, generating strong demand for expertise in these technologies.
Hong Kong brand The Wee Bean has made a name for itself with products for babies and kids made from bamboo and organic cotton. The items sell well in the United States, Canada, Singapore and other places. The firm plans to expand into Mainland China and seize opportunities brought about by the three-child policy.
Small and medium-sized enterprises often believe AI is out of their reach and belongs to large firms. But SMEs have an even greater need for machine-learning solutions. As AI applications such as ChatGPT grow, the massive range of possible applications becomes clear. From graphic design to augmented reality models, advertising to copywriting, all these tasks can be done within one click. To SMEs with limited resources, AI saves lots of time and money while boosting productivity significantly. The Digital Academy is running a series of webinars on deploying AI for SMEs.
China’s active promotion of multilateralism through such measures as the Belt and Road Initiative, Guangdong-Hong Kong-Macao Greater Bay Area, and Regional Comprehensive Economic Partnership (RCEP) has contributed to its own economic transformation and given impetus to economic development in the Asia-Pacific region.
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