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Recap: Day One of 2017 Rise talks about AI, fintech and regtech
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This year’s edition of the Rise Conference in Hong Kong opened with lively discussions on centre stage, which set the tone for this three-day event.
- • John Collison, the co-founder and president of US payments provider Stripe, said in his session on “Building for Asia’s New Economy” that the company is setting up operations in Hong Kong, following strategic partnerships with Ant Financial’s Alipay service, the largest third-party payments platform of mainland China, and Tencent Holdings’ WeChat Pay.
- • The next session on “AI & AR: Hope or Hype?” yielded interesting points for discussion. Vitaly Pomomarev, founder of WayRay, which provides augmented reality (AR) displays for connected cars, played down concerns about autonomous driving vehicles because these would ultimately be safer means of transportation in future.
- • Li Zhifei, the founder and chief executive of Chinese artificial intelligence (AI) company Mobvoi, predicted that mainland China is likely to lead the world in introducing autonomous driving in cities.
- • In his session “Transforming a news company in 2017”, South China Morning Post’s chief executive Gary Liu pointed out that investments in artificial intelligence and natural-language processing would help the 114-year old media company to transform and further develop its business in future.
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