ARTIFICIAL INTELLIGENCE
Artificial Intelligence (AI), a branch of computer science, is concerned with developing computers capable of doing tasks that would typically need human intelligence. Such tasks include learning from and adjusting to new facts or situations, reading human language, discovering patterns, problem-solving, and decision-making. AI is largely classified into two types: Narrow AI refers to systems designed to do a single job, such as facial recognition or web searches, within a set of limits. This category includes AI technology that we encounter in our daily lives, such as voice-activated assistants, recommendation engines, and picture recognition software. General AI: These systems can accomplish every cognitive activity that a person can. They are capable of comprehending, learning, adapting, and applying knowledge in a variety of contexts.
Exclusive: Talent Shortage is The Key Pain Point in the AI Industry
Artificial intelligence is one of the emerging fintech trends in Hong Kong. While there are some great minds and AI companies in Hong Kong, they can’t survive without sufficient funding and technical support from government and industry leaders. We had the opportunity to invite Timothy Leung, Executive Director of HKAI Lab, to share his thoughts on how HKAI Lab facilitates the growth of AI ecosystem in Hong Kong. He also identified talent shortage is the key pain point in AI industry which hinders integration of AI and blockchain.