Hong Kong Wants to Be a Hub for AI Like ChatGPT. It Faces Big Obstacles

The article discusses Hong Kong’s ambitions to become a hub for artificial intelligence (AI) development, particularly in the wake of the success of OpenAI’s ChatGPT. It highlights the city’s efforts to attract AI talent and companies, including plans to invest billions in AI research and development. However, the article also outlines several obstacles Hong Kong faces, such as the brain drain of tech talent to other regions, concerns over data privacy and censorship, and the potential impact of U.S.-China tensions on AI collaboration. The article notes that while Hong Kong has strengths in areas like finance and logistics, it may struggle to compete with AI powerhouses like the U.S. and China. Ultimately, the article suggests that Hong Kong’s success in becoming an AI hub will depend on its ability to navigate these challenges and create an environment conducive to innovation and talent retention.

Source: https://time.com/6999061/hong-kong-ai-chatgpt-openai/