Artificial Intelligence Association of Hong Kong Set to Accelerate AI Innovation in Hong Kong

The Artificial Intelligence Association of Hong Kong (AIHK), the independent platform dedicated to promoting and advancing the development, adoption, commercialisation, and use of AI, has launched its plans to properly Hong Kong’s AI innovation.

AIHK was set up with the goal to foster a vibrant AI ecosystem and better position Hong Kong as a leading AI innovation hub. AIHK’s mission is to help businesses and organisations harness the potential and power of AI, align with i nternational standards and introduce new AI-related use cases and applications to boost productivity, efficiency and competitiveness across the key industries in Hong Kong.

Neil Tan, founder and chairman of AIHK

AIHK was founded by Neil Tan. At the launch ceremony, he said: “Our mission is clear: to position Hong Kong as a global AI innovation hub. By bringing together leaders from various sectors, we will create a collaborative environment that fosters AI innovation and accelerates the adoption of the technology to drive growth for key industries that make up Hong Kong’s economy.

“The association will provide the perfect platform for business leaders, technology innovators and the public sector to come together to advance the understanding, application and use of AI for the betterment of business, industry and society.”

The strategy

By embracing a cross-sector, cross-function, and cross-industry approach, AIHK believes that diverse perspectives will drive innovation and growth in the AI industry. The four pillars of AIHK’s strategy include:

Policy and governance

AIHK will actively engage with policymakers to influence and shape AI regulations that impact businesses in Hong Kong, ensuring that the interests of its members are represented. The association will advocate for robust corporate governance frameworks that promote ethical and responsible AI use across all sectors.

Ecosystem and community

AIHK aims to foster a vibrant ecosystem that supports collaboration among businesses, researchers, and government entities, enhancing the overall AI landscape in Hong Kong. By building a strong community, AIHK will facilitate networking opportunities that encourage the sharing of best practices, use cases and innovative applications.

Collaboration and partnership

AIHK will serve as a catalyst for collaboration among industry professionals, leading researchers, and global experts to drive joint initiatives that address common challenges in AI implementation. Through strategic partnerships, the association will enhance knowledge exchange and promote the development of AI technologies that benefit the broader community.

Knowledge and education

AIHK will work closely with its members and external partners to provide educational resources that keep stakeholders and the broader ecosystem informed about industry trends and advancements in AI. By offering workshops, seminars, and knowledge-sharing sessions, AIHK will empower its members to enhance their skills and understanding of responsible AI practices.

Joining the community

Anyone in the AI community can participate in AIHK’s plans, from individuals, to SMEs, to large corporations. AIHK aims to focus on growing its network, members’ expertise and technical know-how to help shape different industries. As a result, it will look to advance the development, adoption, commercialisation, and use of AI across Hong Kong and beyond with its partners.

AIHK’s founding members include C-Suites and senior executives from prominent organisations includingbut not limited to:

AXA Hong Kong and Macau
Cathay Pacific
Clifford Chance
Chow Sang Sang
DBS Bank
HKT
Li & Fung
Prudential Hong Kong
PwC HK
Standard Chartered
Tessellation
Towngas

Queenie Chan, general manager of business analytics and e-development at Towngas

Queenie Chan, general manager of business analytics and e-development at Towngas said: “Artificial intelligence is set to revolutionise the energy sector by enhancing operational efficiency and optimising customer engagement strategies. The establishment of the Artificial Intelligence Association of Hong Kong is a crucial initiative that will drive innovation and collaboration across industries, positioning Hong Kong as a global leader in AI advancements.”

Rocky Mui, partner at Clifford Chance

Rocky Mui, partner at Clifford Chance highlighted the importance of regulation and said: “The decisions made by regulators in the coming months and years about how to regulate AI will be critical to the AI innovation landscape in Hong Kong and beyond.

“AI regulation should promote agility, innovation and clarity for businesses, but also transparency, accountability, and fairness, ensuring that AI systems are designed and deployed in a manner that aligns with ethical standards and societal values. Collaboration between regulators and industry will be key to ensuring that we have a responsible AI policy that strikes the right balance between fostering innovation and safeguarding stakeholders.”

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