Category: Student

Under the overarching theme “FinTech x ChatGPT”, HSUHK Innovation Project Competition 2024 continued with the good spirit of instilling our students with a burst of innovation and an upgrade in skill sets with another talk, as part of the InnoXplore series! On 25 January 2024, Ms Elaine Chan, Data Science and Management Director of AXA Hong Kong & Macau, shared her profound insights on the transformative role of artificial intelligence (AI) in the insurance industry with over 80 HSUHK students.

During the enlightening talk entitled “Revolutionising Insurance: The Game-Changing Impact of AI Technology”, Elaine offered a fascinating tour through the history of AI, from its conceptual beginnings to the development of generative pre-trained transformers (GPT) and ChatGPT. She expertly navigated the audience through the advancements and milestones that have marked AI’s journey, providing a context for understanding its current and potential applications.

The audience was fascinated by real-life examples Elaine brought along to vividly demonstrate AI’s role in customer service improvements, risk assessments, fraud detection, and personalised policy offerings, illustrating AI’s tangible benefits in the industry.

On top of the various advantages such as increased efficiency and enhanced decision-making, Elaine also balanced the scales by discussing the risks and limitations that accompany the use of AI in sensitive sectors like insurance. Elaine Chan addressed ethical concerns head-on, emphasising the importance of responsible AI use, by humans being a maker and a checker.

A strong advocate for diversity in the tech industry, Elaine also took the chance to encourage young women to pursue careers in technology. She shared her own experiences and highlighted the importance of female representation in shaping the future of AI and tech innovation.

The talk not only provided our students with a good understanding of ChatGPT’s potential but also emphasised the importance of human-Generative AI collaboration and the sharing of knowledge. Elaine’s insights offered a glimpse into the future of the insurance industry and how our future leaders in the audience could engage with cutting-edge technologies, embrace innovation, and prepare for tomorrow’s business landscape, while uploading ethical standards.

Under the overarching theme “FinTech x ChatGPT”, InnoXplore Saturday kickstarted the HSUHK Innovation Project Competition 2024 with a burst of innovation and an upgrade in the Competition participants’ skill sets! Organised by the Teaching and Learning Enhancement Section, Centre for Teaching and Learning (CTL), this half-day workshop series was attended by 44 HSUHK students, fueled with the dedication to explore the cutting-edge interaction between finance and artificial intelligence.
A briefing on the HSUHK Innovation Project Competition 2024 set the stage, inviting our students to dream big when collaborating with their teammates coming from different disciplines and fostering an environment of knowledge sharing.

The heart of the morning was dedicated to the art and science of proposal writing. Led by Mr Aaron Au Yeung, Assistant Project Manager of Fullness Social Enterprises Society (FSES), participants delved into the “Write your Way to Success: Unlocking the Secrets of Winning Proposals” consisting of five key stages: pre-writing, research, drafting, revising and editing. Mr Au Yeung stressed the importance of a compelling argument in a proposal with the intended audience being the priority. This workshop was more than an instructional guide; it was a much-needed lesson in persuasion, strategy, and the subtle nuances that transform good proposals into great ones that truly make an impact.

InnoXplore Saturday then proceeded with the much-anticipated talk by Ms Rebecca Lim, CEO of AutoML Capital. As a leading figure in WealthTech, Ms Lim’s insights bridged the theoretical with the practical, shedding light on the immense potential of FinTech and ChatGPT in transforming the financial landscape.
In addition to the workshop and the talk, participants enjoyed a mingling session, which provided a platform for networking and fostering connections among pioneers of tomorrow. It was a fitting end to a morning dedicated to the spirit of collective advancement and the shared pursuit of knowledge.