Hong Kong Workers Express Concern Over AI's Impact on Retirement and Careers
A survey by T. Rowe Price indicates significant apprehension among Hong Kong residents regarding AI-driven disruption, with 61 per cent of workers aged 30 to 39 expecting a more challenging path to retirement.
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Based on reporting by South China Morning Post:
According to a survey conducted by T. Rowe Price, uncertainty is most evident among employees between the ages of 30 and 39, as 61 per cent of them anticipate that their path to retirement will be more difficult due to disruption caused by artificial intelligence.
Furthermore, the survey, which polled 1,004 Hong Kong residents who are all aged 30 or older and earn a minimum of HK$15,000 (US$2,239) monthly, revealed that 55 per cent of these individuals believe that AI-driven disruption could destabilize their future income and career paths.
Raymond Chan, who serves as the head of Greater China intermediary distribution at T. Rowe Price, stated that the concept of retirement is shifting, suggesting it is evolving from being a singular event into a more continuous journey.
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