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Hong Kong media urged to invest in AI-ready data under 5-year plan
The article says Hong Kong has lagged peers as publishers outside the city pursue recurring revenue deals, including a reported US$250 million, five-year pact between News Corp and OpenAI.
Mainstream media in Hong Kong have historically kept research and development spending conservative, with executives often treating technology as back-office support rather than a core growth driver, according to SCMP Economy.
The outlet argues that artificial intelligence is changing the economics of content and technology spending, with publishers internationally shifting to monetize assets they already control, such as content and data.
SCMP Economy points to efforts by News Corp, which recently signed a deal reported at US$250 million over five years with OpenAI, as well as recurring revenue models built by organizations including the Associated Press and Reuters.
The article warns Hong Kong has stayed an “idle observer,” saying inaction could mean the city’s digital narrative is shaped by external AI models trained on sources the outlet characterizes as unverified or biased, while also raising security and cultural concerns.