Hong Kong’s workforce lags behind regional peers in the frequent use of AI, a sluggish adoption rate that experts say is limiting pay rewards and job security even as companies prepare to trim entry-level roles. A 2025 survey conducted by PricewaterhouseCoopers (PwC) released on Thursday found that half of Hong Kong respondents were infrequent users…
Hong Kong is emerging as a neutral hub bridging the technological strengths of East and West while leveraging its robust education and financial systems to drive the next wave of artificial intelligence transformation in businesses, according to PwC executives. As companies worldwide pushed to move AI from isolated experiments to capabilities deployed at scale, not…
Nearly one-third of Hong Kong companies plan to increase hiring in the next three months, while professional, scientific and technical services are likely to cut staff, especially junior positions, amid the widespread adoption of artificial intelligence, a survey has found. Human resources solutions company ManpowerGroup Greater China released its findings on Tuesday, after surveying 506…
OpenAI is positioning itself as a pivotal player in enhancing artificial intelligence capabilities within the UK by offering businesses and the government an option to store data domestically. Announced by Deputy Prime Minister David Lammy, this initiative aims to unlock AI’s potential for enhancing public services. The plan was made possible through a strategic…
AI could ultimately be a $16 trillion gift to the stock market. That’s according to strategists at Morgan Stanley, who see the productivity gains and cost-cutting spree stemming from artificial intelligence adding as $13 to $16 trillion in value for the S&P 500. At the high end of Morgan Stanley’s estimates, that implies the benchmark…
Yum China, the company behind chains such as KFC and Pizza Hut, introduced an artificial intelligence (AI) agent for store managers on Friday, aligning with the restaurant industry’s broader push towards AI adoption to enhance efficiency. The assistant, named Q-Smart, was an AI-powered management system that enabled natural language interactions with store managers through wireless…