Hong Kong is emerging as a neutral hub bridging the technological capabilities of East and West, leveraging its strong education and financial system to drive the next wave of artificial intelligence transformation in business, PwC executives said.
As companies around the world push to move AI from individual experiments to capabilities that can be deployed at scale to not only solve problems but also unlock new revenue opportunities, Hong Kong was “well placed” to harness the technology's potential, said Joe Atkinson, chief AI officer at PwC Global.
“Hong Kong serves as a powerful connector that brings together capabilities from around the world to address business challenges in industrial AI and supply chains,” he said in an interview with the Post earlier this month. “Education systems, financial institutions, and the business environment all play a critical role in driving AI transformation.”
Vishy Narayanan, head of digital and AI at PwC Asia Pacific, said in the same interview that the city has the potential to become an R&D hub that combines the best of East and West, with AI promising to improve efficiency and productivity and drive innovation, creativity and scientific discovery.
King Au Kinlun, executive director of the city's Financial Services Development Council (FSDC), who contributed to the report, said Hong Kong is positioning itself as an international hub for AI-driven innovation, leveraging its proximity to mainland China and support from the Chinese government.
