Every few months, another headline announces that artificial intelligence (AI) is poised to “disrupt” the legal profession. Lawyers, we are told, will soon be replaced by algorithms. Judges, apparently, are next, with some recent research suggesting that machines are more “accurate” in following established legal principles than human judges. While disruption will surely come, suggesting…
For years, many in Washington and Silicon Valley believed the United States led in artificial intelligence, while China focused mainly on putting the technology to use rather than shaping its cutting edge. In her new book, The New Tech Titans of China, technology journalist Rebecca A. Fannin argues that this assumption no longer holds. The book tracks the rise of…
A mainland Chinese firm has secured the tender to build a supercomputing centre in Hong Kong’s Northern Metropolis as the sole bidder, agreeing to pay a premium of HK$581 million (US$74.25 million) and boost the city’s computing power 36-fold. Unveiling details of the plan on Monday, Secretary for Innovation, Technology and Industry Sun Dong said…
Hong Kong’s cash-for-residency scheme has attracted about HK$95 billion (US$12 billion) from more than 1,700 investors over the past two years, with around two-thirds of the approved capital channelled into authorised funds and equities, the latest figures from InvestHK show. The government’s investment promotion arm on Monday released the figures for the New Capital Investment…
On Feb. 21 in Nanchuan, Chongqing, a performer dressed as the God of Wealth mascot interacts with children. (Photo/Chongqing Daily) Chongqing – Major travel platforms reported a sharp surge in AI-driven bookings over the Spring Festival holiday, with orders for cultural and tourism products jumping more than 800% from pre-holiday levels and AI-assisted scenic ticket…
The fight between the US government and Anthropic is no longer a contract negotiation dispute. It is a clash over killer robots and mass surveillance – and over who decides how artificial intelligence is used in war. At the centre is a blunt question: can a private AI company refuse to let its systems be…
A proposed high-level committee that will focus on artificial intelligence (AI) could help tech start-ups in Hong Kong mitigate legal and geopolitical challenges, as well as gain access to important databases for model training, market leaders have said. But the experts also told the South China Morning Post on Thursday that the committee, which was…
Hong Kong will establish the first national manufacturing innovation centre outside mainland China and a high-level steering committee to spearhead AI development, the finance chief has said, as the city seeks to align with the country’s 15th five-year plan. Financial Secretary Paul Chan Mo-po also unveiled a citywide artificial intelligence (AI) literacy drive in Wednesday’s…
Hong Kong is betting big on innovation, artificial intelligence and redoubling its focus on its international financial centre role as it aligns its economic future with the country’s development goals, the financial secretary has said while unveiling a budget allocating billions of dollars to these sectors. Paul Chan Mo-po on Wednesday spotlighted the development of…
Financial Secretary Paul Chan Mo-po has announced an array of industry spending and relief measures in Hong Kong’s budget, in response to the city’s quicker-than-expected return to a surplus of HK$2.9 billion (US$370.8 million) in its consolidated account. In a two-hour address to the Legislative Council on Wednesday, Chan pledged substantial government support and investment…