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Learned a lot today from the #MetaVerse practitioners in town in the 2nd forum of our “All About MetaVerse Series”. The main theme today was MetaVerse Strategies for #Brands#SMEs and #Entrepreneurs. I am so grateful to be the moderator of this series. More episodes will come shortly. Stay tuned with HKPC #Innopreneur vForum. My post on the 1st episode of this series can be found here. https://lnkd.in/dusKJYeA

Big thanks to our guest speakers Lorraine Cheung #YahooChris Wang #AWSKevin K T Lee #Redspots and Henry Chu #PillnPillow. Two of them are entrepreneurs and the other two are platform providers. That enabled us to discuss this topic from a more balanced perspective.

We discussed from MetaVerse opportunities, challenges to technologies, platforms, talents requirement and future skills. MetaVerse is not a hype but the direction is still being shaped. It is very early so everyone gets a chance but we need to keep learning and be open minded.

In essence, there are a few things that we need to strike a balance in order to make the best out of this unprecdented opportunity for the decade – MetaVerse.

1. The next 5 to 10 years will have lots of opportunities. By 2030, the market is going to reach 5 trillion USD globally. At same time, lots of regulations and governance needed to be in place to balance the opportunities and potential problems.

2. We have more opportunities from scalability to the global markets but at the same time competitions from global players.

3. New digital skills will be required but soft skills, like problem solving, communication, project management are equally important.

4. #Data analytics, #MachineLearning and #AI are crucial now and even more pivotal in the MetaVerse for customer experience and engagement.

5. SMEs are lack of resources and talents but lots of good partners in the MetaVerse ecosystem that they can leverage on.

6. Keep trying and learning to get started but be aware of the risks like losing Crypto from your hot wallets.

Lots more to come. See you in our 3rd MetaVerse episode soon. Have a good ride in your MetaVerse journey.

Thanks to Karen F.Elly Yip and their teammates #HKPCDr. Angus Ho #HKIM and Annie Yeung #Vootprint for their great effort to make this forum happened.

#SME #Startup
#Innovation #Technology
#Web3#NFT#Blockchain#Cryptocurrency#VR#Cloud

Back to the RTHK station today for recording another episode of New Management Thinking 管理新思維. Found a classical radio in 1950 there powered by Vaccum Tube. Oh, WOW! That actually made me think about my childhood with my whole family around a radio like this. It was as advanced and luxurious as what we have a 8k TV today. More importantly, a much more warmth and intimacy with my family back then. What a memory! Transforming a city from an old model to a smart city is like improving from a vintage radio to a 8K TV. Let’s talk about Smart City this time and why every citizen in Hong Kong should care about it. Grateful to have Thomson Lai, the Asia Digital Head of AECOM, as my guest for another fruitful episode in the RTHK’s New Management Thinking 管理新思維. #AECOM is one of key contributors in planning and building our city of Hong Kong in the last 60+ years. Received a book from Thomson called “Hong Kong Created Together”. Lots of Hong Kong’s history from nobody to one of the top cities with world-class infrastructure. Thanks the contribution from Thomson and his AECOM 艾奕康 colleagues. We started talking about what a smart city is. Then we discussed what Hong Kong has been doing in the journey of becoming a smart city, how other leading cities are doing, what key stakeholders are in a smart city and how they are empowering our city as a smart city. Certainly we talked about how emerging #technologies and #data are impacting smart cities. Very interesting. You don’t want to miss it. Really appreciate Thomson’s sharing and my RTHK partner Phoebe. My key takeaways are: 1. Citizen centricity 2. Innovation and entrepreneurship 3. Pan-city digital infrastructure If you would like to learn more from Thomson on Smart City now and the future, please tune in RTHK1 on Jun 19 at 2pm. https://lnkd.in/f-X8RaN For previous episodes of the programme, please visit here. https://lnkd.in/dWRkD_x7 #SmartCity #DigitalCity #RTHK #RTHK1 #FM94 #NewManagementThinking #管理新思維 #CUHK #CitizenJourney #MomentsOfLife #Data #BIM #DigitalTwins #AI #IOT #5G #MetaVerse #VR #Innovation #Entrepreneurship #Startups

It was my first time to have an avatar in my panel. Can you find him in the photo? His name is “Inno”. What a way to discuss about the Next Big Thing – #MetaVerse in our Innopreneurs eForum today! Thanks for Karen F.Elly Yip and their teammates from #HKPC and Dr. Angus Ho and his teammates from HK Institute of Marketing #HKIM to make all these happened.

Certainly, the core team in our panel was the experts on MetaVerse including Chris So#AWSWilly Wong#EYSam Ngan#Popsible and Rex Wong Hong Kong Blockchain Industry Association. Over 400 audiences (online) mainly #SMEs joined this forum. It demonstrated that MetaVerse excited not only large companies, startups and investors, but also #SMEs. Appreciate the valuable sharing from all of the guest speakers in my panel.

We explored from what MetaVerse is to applications, business models and underlying technologies like #Web3#NFT#Blockchain#Cryptocurrency#VR#Cloud and more. We also talked about the roles of major stakeholders in the MetaVerse #ecosystem.

It is only the beginning of our Innopreneurs MetaVerse Series. Stay tuned for the rest of the series in the next few months. Check out HKPC 香港生產力促進局 website for more https://lnkd.in/gY57pzgW