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貨幣爭霸 花落誰家 (The race is on for the new world currency)
近年來,數碼貨幣在世界各地日常經濟活動中已擔當不可或缺的角色,例如中國內地的支付系統,就以微信和支付寶居主導地位,數以億計的消費者已習慣以電子錢包取代現金。臉書正籌備發行新加密幣Libra,標榜為與一籃子官方貨幣掛鈎的「穩定幣」(stablecoin)。在非洲,肯尼亞電訊公司Safaricom亦已推出手機支付程式M-Pesa。

湾区争雄重育才 融汇中西港占优
去年夏天笔者刚从洛杉矶移居到香港这座阔别多年的城市,就接到所属经管学院通知,因学生报名人数突然几近翻倍,需多教一门应用计量经济学的硕士课程。2019冠状病毒病疫情下,香港特区的大学还能增产扩容,实属难得。
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Watch, Read, Listen
Amid the rise of ChatGPT, Louis Vuitton goes against the tide
從新聞媒體到社交平台,從科技達人到在校學生,鋪天蓋地的話題都聚焦於ChatGPT。激動之餘,大家不禁開始擔憂,機器都能聊天了,還要人來做什麼?ChatGPT可以編寫程式,科技部門是不是要解散?ChatGPT可以寫文章,作家、編輯會否飯碗不保?ChatGPT看來無所不曉,那麼孩子還須上學麼?
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Ambiguity, information processing, and financial intermediation
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All theory might not be grey, but the golden tree of actual life springs ever green
前不久香港發生一宗命案,其駭人聽聞程度不下於任何經典驚慄片。才華滿溢、資金豐厚的電影製作人,不論如何絞盡腦汁,其創作不見得一定比真實世界奇異精采,很多時反而是從現實世界中找尋獨特的元素,經整理鋪陳後呈現於觀眾眼前。觀眾覺得可觀,往往因為不曾經歷的新鮮感而已,其實現實世界才是電影精采情節的泉源。經濟學家提出各種經濟理論,其貢獻在相當程度上也源於自身的實際經驗,或事後對實際經驗的總結。本文將分享一些現實生活的例子,以及經濟學家所作的檢視。
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AI Upends Workplace Order: Human Capital Needs Urgent Restructuring
In the middle of last month, Standard Chartered Group announced that it planned…
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AI Sycophancy: When AI Starts to Flatter Us
In 2025, generative artificial intelligence (GenAI) giant Anthropic collaborated with AI safety evaluation…
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AI Shopping Agents: Reshaping the Power Dynamics of Mobile Internet
In late 2025, “AI shopping for you” began shifting from concept to reality.…
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AI Investment Bubble?
As global technology conglomerates project an unprecedented $390 billion expenditure on Artificial Intelligence…
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AI and Its Environmental Consequences: Can We Turn the Tide on Carbon Emissions?
What’s the carbon footprint cost of AI to our planet? The cost is…
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Thematic Research: Maximisation of Social Value and Shareholder Value – Insights from Hong Kong-Listed Companies Across Sectors
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Rebuilding Hong Kong as the Catalyst to the Greater Bay Area (GBA) Startup Ecosystem
Empowering Trade Finance with Digital Technology in Hong Kong
Transforming Hong Kong into a Global Runway for Right-Hand-Drive Autonomous Vehicle Markets
When AI Hallucinates: The Hidden Risks in the Global Large-Model Race
Future Intelligent EV Charging in Hong Kong
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