Keith Li King-wah\u2019s business once thrived during the 2010s. In a crowded field of more than 100 rivals, his programming consultancy, Innopage, easily secured contracts worth hundreds of thousands of Hong Kong dollars to develop basic digital tools, such as a mortgage calculator, for corporations and government agencies.<\/p>\n
But those easy-money days are gone. The rapid rise of generative artificial intelligence<\/a> (AI) has transformed high-value coding into widely accessible and automated services, leaving Li\u2019s award-winning 20-person venture obsolete.\u201cSince the emergence of ChatGPT<\/a> in 2023, the industry has shrunk to the point where players can be counted on two hands. The programming ecosystem has been hit the hardest,\u201d Li said.<\/p>\n Li is among a wave of industry leaders scrambling to outpace the new technology long before the government pivoted towards an \u201cAI for all\u201d initiative, alongside a massive overhaul of school curricula and vocational retraining.<\/p>\n As part of this initiative, HK$50 million (US$6.4 million) will be allocated to build public awareness and skills through AI courses, seminars and competitions focused on responsible use.<\/p>\n To support the current workforce, the Employees Retraining Board will be rebranded as \u201cUpskill Hong Kong\u201d, focusing on providing skills-based AI training to enhance local competitiveness.<\/p>\n","protected":false},"excerpt":{"rendered":"Keith Li King-wah\u2019s business once thrived during the 2010s. In a crowded field of more than 100 rivals,…\n","protected":false},"author":2,"featured_media":384703,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[261],"tags":[176125,291,289,290,297,176131,176124,18,176130,176128,43021,4202,176126,19,176129,17,305,307,176123,176127,82],"class_list":{"0":"post-384702","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ac-lawyers-llp","9":"tag-ai","10":"tag-artificial-intelligence","11":"tag-artificialintelligence","12":"tag-chatgpt","13":"tag-civil-service-college","14":"tag-dall-e","15":"tag-eire","16":"tag-employees-retraining-board","17":"tag-gammon-construction","18":"tag-greater-bay-area","19":"tag-hong-kong","20":"tag-hong-kong-polytechnic-university","21":"tag-ie","22":"tag-innopage","23":"tag-ireland","24":"tag-microsoft","25":"tag-openai","26":"tag-productivity-council","27":"tag-quality-education-fund","28":"tag-technology"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/116227237751567183","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/384702","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=384702"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/384702\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/384703"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=384702"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=384702"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=384702"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}