HSBC veteran banker Peter Wong urges Hong Kong’s youth to be wary of generative AI as technology can create uncertainty

Generative artificial intelligence (AI) is adding uncertainty to an already uncertain world, but Hong Kong can cope with the challenges by leveraging its hub status and acting as a gateway to China, according to veteran HSBC banker Peter Wong Tung-shun.

“The younger generation today has access to a lot more information than we had in my day,” Wong said in City Business Magazine, a biannual publication of City University, of which he is chairman of the international advisory board. “The world is very uncertain. With generative AI, quantum computing, everything is going to go faster and faster.”

Source: TRADE FINANCE