Close Menu
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
What's Hot

Hong Kong stocks fall as AI bubble fears grow amid Wall Street retreat

October 8, 2025

Japan’s outgoing PM eyes risky final act to blunt hawkish China tilt

October 8, 2025

Bridgewater’s Ray Dalio says gold echoes 1970s rally amid US dollar anxiety

October 8, 2025
Facebook X (Twitter) Instagram
Wednesday, October 8
Facebook X (Twitter) Instagram
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
World Economist – Global Markets, Finance & Economic Insights
Home » In Hong Kong and globally, AI is not a job and wage killer, PwC says
Business

In Hong Kong and globally, AI is not a job and wage killer, PwC says

adminBy adminJune 13, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 62


Jobs requiring artificial intelligence (AI) skills are on the rise in Hong Kong as more businesses find practical use for the technology, but rather than replacing human ingenuity, AI is being combined with it to deliver productivity gains, according to PwC.

The proportion of job postings in Hong Kong seeking AI skills rose to 1.9 per cent in 2024 from 1.6 per cent in 2021, according to the consultancy’s “Global AI Jobs Barometer” report published on Friday. In the information and communications sector, roles seeking AI skills increased to 7.2 per cent of the total in 2024 from 6.4 per cent in 2021, said the report, which analysed nearly 1 billion job ads and thousands of financial reports from around the world.

Across all industries in the city, demand grew for roles that “collate AI with human expertise”, PwC said.

“The report underscores that rather than acting as a replacement for human creativity, AI is optimally deployed as a transformative ‘enhancer’, pushing boundaries [and] amplifying capabilities to drive greater efficiency and productivity across industries,” said Wilson Chow, PwC’s global leader for technology, media and telecommunications and leader for China AI.

Jobs involving AI augmentation increased by 6 per cent in Hong Kong, while fully automated roles decreased by around 7 per cent, according to the report. The increase was more pronounced in certain sectors – above 50 per cent in public administration and above 30 per cent in the energy and water-supply sectors since 2021, it added.

The adoption rate of generative AI in Hong Kong increased to 62.1 per cent in 2024 from 56.3 per cent in 2023, indicating that AI applications in the workplace had entered the practical stage, according to IDC data.

“As a global hub of ingenuity, Hong Kong is uniquely positioned to unlock the redefined employment opportunities emerging from an AI-enabled work landscape,” Chow said.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
admin
  • Website

Related Posts

Business

Bridgewater’s Ray Dalio says gold echoes 1970s rally amid US dollar anxiety

October 8, 2025
Business

‘Affordable’ Model Y and 3: Tesla drops Steve Jobs turtleneck for Walmart hoodie

October 8, 2025
Business

Exclusive | International firms flock to Hong Kong, signalling rebound for city’s capital market

October 8, 2025
Business

Chinese EV makers go global in bid to boost profits amid price war at home

October 7, 2025
Business

Explainer | What are Section 337 investigations, and why is China so concerned about them?

October 7, 2025
Business

Hong Kong to renew contract of SFC CEO Julia Leung for another two years: sources

October 7, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

CDA, OPF agree to explore investment scope to promote urban development – Business & Finance

October 8, 2025

‘Govt should formulate economic policies through mutual consultation’ – Business & Finance

October 8, 2025

PM reiterates commitment to thriving startup ecosystem, business-friendly environment – Business & Finance

October 8, 2025

India’s September fuel demand drops to one-year low – Business & Finance

October 7, 2025
Latest Posts

PSX hits all-time high as proposed ‘neutral-to-positive’ budget well-received by investors – Business

June 11, 2025

Sindh govt to allocate funds for EV taxis, scooters in provincial budget: minister – Pakistan

June 11, 2025

US, China reach deal to ease export curbs, keep tariff truce alive – World

June 11, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • Hong Kong stocks fall as AI bubble fears grow amid Wall Street retreat
  • Japan’s outgoing PM eyes risky final act to blunt hawkish China tilt
  • Bridgewater’s Ray Dalio says gold echoes 1970s rally amid US dollar anxiety
  • Bridgewater’s Ray Dalio says gold echoes 1970s rally amid US dollar anxiety
  • ‘Affordable’ Model Y and 3: Tesla drops Steve Jobs turtleneck for Walmart hoodie

Recent Comments

No comments to show.

Welcome to World-Economist.com, your trusted source for in-depth analysis, expert insights, and the latest news on global finance and economics. Our mission is to provide readers with accurate, data-driven reports that shape the understanding of economic trends worldwide.

Latest Posts

Hong Kong stocks fall as AI bubble fears grow amid Wall Street retreat

October 8, 2025

Japan’s outgoing PM eyes risky final act to blunt hawkish China tilt

October 8, 2025

Bridgewater’s Ray Dalio says gold echoes 1970s rally amid US dollar anxiety

October 8, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • June 2024
  • October 2022
  • March 2022
  • July 2021
  • February 2021
  • January 2021
  • November 2019
  • April 2011
  • January 2011
  • December 2007
  • July 2007

Categories

  • AI & Tech
  • Asia
  • Banking
  • Business
  • Business
  • China
  • Climate
  • Computing
  • Economist Impact
  • Economist Intelligence
  • Economy
  • Editor's Choice
  • Europe
  • Europe
  • Featured
  • Featured Business
  • Featured Climate
  • Featured Health
  • Featured Science & Tech
  • Featured Travel
  • Finance & Economics
  • Health
  • Highlights
  • Markets
  • Middle East
  • Middle East & Africa
  • Middle East News
  • Most Viewed News
  • News Highlights
  • Other News
  • Politics
  • Russia
  • Science
  • Science & Tech
  • Social
  • Space Science
  • Sports
  • Sports Roundup
  • Tech
  • This week
  • Top Featured
  • Travel
  • Trending Posts
  • Ukraine Conflict
  • Uncategorized
  • US Politics
  • USA
  • World
  • World & Politics
  • World Economy
  • World News
© 2025 world-economist. Designed by world-economist.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.