On April 30th, 2024, Professor Witman Hung, JP, a distinguished figure in the field of artificial intelligence (AI), delivered an insightful presentation on open innovation in AI. Professor Hung is renowned as the co-founder of the Shenzhen Zebra Star Acceleration Platform and a founding partner of Open City Community International. With an impressive career spanning 37 years in the ICT industry, he brings extensive experience as an angel investor. Currently, Professor Hung holds positions as an Adjunct Professor at City University of Hong Kong and Hainan University, and serves as an independent non-executive director of four companies listed on the main board of the Hong Kong Stock Exchange.
During his presentation, Professor Hung provided a comprehensive overview of AI, delving into its background, development, and evolution. He highlighted the transformative impact of AI on organizations, enabling their miniaturization and reshaping entire industries through novel paradigms and approaches. Additionally, he explored the digitalization of supply chains and the challenges they face in the present day. Professor Hung emphasized the crucial role of technology, such as big data analysis, AI, and cloud computing, in addressing these challenges and enhancing supply chain management. He supported his points with real-life examples, including the successful implementation of Automated Guided Vehicles in warehouses and the utilization of E-Lock technology.
Recognizing the global prevalence of AI, Professor Hung underscored the importance of developing capabilities beyond AI itself. While AI is a powerful tool, he mentioned it is essential to obtain the ability to effectively use AI agents and make informed decisions extends beyond technological proficiency. Professor Hung accentuated the significance of critical thinking, communication skills, collaboration skills, and creativity as essential learning skills in the 21st century. He argued that these skills will surpass the mere accumulation of knowledge in terms of their importance and impact.
During the interactive Q&A session, students raised inquiries regarding the progress of autonomous vehicle development in China and the strategies for small and medium enterprises (SMEs) to leverage the capabilities of large learning models and AI. Acknowledging that SMEs often face greater resource limitations compared to larger corporations, Professor Hung underlined the importance of creativity and open-source technology as avenues for innovation. Furthermore, he actively encouraged sharing and collaboration among SMEs to enhance their probability of success.
In conclusion, Professor Hung delivered an enlightening presentation to MSceBSCM students, covering various aspects of interest including the background of artificial intelligence and its applications in supply chain management. His emphasis on developing skills beyond AI and his valuable insights into the future of AI in SMEs highlighted the essential qualities and strategies required for success in the modern era.
