Looking Back Looking Forward
Building Better Financial Systems
Top 10 law authors of full-text papers on SSRN with over 29,000 downloads in the last 12 months and 215,000 all time downloads.
New Publication at Boston University International Law Journal: Monetary Hegemony, Technological Evolution, and the International Monetary System by Ross Buckley, Anton Didenko, Dirk Zetzsche, and Douglas Arner
Dive into the Discussions You Want to Listen To:
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0:05:34 - From Engineering to Banking – A Journey of Adaptation, Timing, and Impact
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0:12:18 - Transforming Fintech Education and the Vision Behind CFTE’s Global Impact
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0:17:42 - Shaping Fintech Insights Through Timing and Thought Leadership
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0:21:33 - Understanding AI's Transformative Impact on Jobs
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0:28:18 - Navigating Displacements, Professional Evolution, and Joining the Conversation
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0:38:30 - Upskilling, Reskilling, and the Critical Role of Policymakers in Workforce Change
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0:46:21 - Mission-Driven Partnership and a Clear Vision for Workforce Transformation in the Gulf Region
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0:50:48 - Addressing Concerns and Unlocking AI Potential
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0:57:20 - AI Governance Requires Stakeholder Collaboration and Informed Decisions
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1:02:14 - Owning AI's Potential with Bold Collaboration and Action
The AI-fication of Jobs
Ep #58 with Huy Nguyen Trieu (CFTE / Book Author)
Huy Nguyen Trieu is the author of the new book The AI-fication of Jobs. He is the co-founder along with Ms. Tram Anh Nguyen of the London-headquartered Centre for Finance, Technology and Entrepreneurship (or CFTE). As a global FinTech knowledge platform, CFTE opened its Abu Dhabi office earlier this year, in addition to its Singapore office.
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A leading voice in the world of AI, Huy’s book is the product of 10 months of effort and debuted at the recent Singapore FinTech Festival in early-November 2024. It explores how AI is reshaping the workforce. It moves beyond the common question of “Will AI take my job?”
Huy shares with Regulatory Ramblings host Ajay Shamdasani how his book provides a structured framework for understanding AI's impact from displacement to augmentation and how such changes and trends can be leveraged for future success and insights. It is an accessible, future-focused guide and a must-read for anyone interested in AI’s role in shaping careers, industries, and society.
As Huy puts it: “AI is a complex, personal topic – 85 percent of workers believe it will significantly impact their jobs. But understanding what that means is often confusing.”
Huy goes on to describe his professional background, being an engineer by training and an entrepreneur by nature. As a "big picture" person, he’s interested in the revolution in technology that is transforming finance – what he calls Disruptive Finance.
To quote Huy: “Put simply, we are facing a Napster moment: technology is set to revolutionize finance, which in turn will massively impact the global economy, business and society.”
His passion, he says, is for building and growing businesses – especially in changing environments. It led him from being a tech CEO in New York to being managing director at an investment bank in London to being a founding partner at a Hong Kong-based accelerator in Hong Kong and now, as co-founder of the CFTE.
Having previously, been a managing director at Citi, Huy grew a business that helped Europe's largest insurance companies, major pension funds and international banks to adapt to an increasingly complex environment.
He also adores teaching at scale, having co-created some of the largest FinTech courses in the world at Oxford University’s Said Business School, the University of Hong Kong University, Imperial College and now CFTE.
As CEO of The Disruptive Group, he’s developing a firm that builds innovative finance businesses which leverage technology and advises CEOs of large organizations. One of TDG's projects is the CFTE – and it is one that is dear to Huy’s heart, as he explains the impetus for the body’s creation.
“CFTE is the answer to a very simple question: as a professional in financial services, how do I acquire the skills to be future-proof? The question is simple, but the solution is hard, because there is much knowledge to acquire, the industry is changing all the time, and professionals do not have time to learn,” Huy says. “Together with hundreds of experts [from heads of innovations in banks to CEOs of challenger banks and CEOs of FinTech venture capital firms], we have created a platform that helps the industry acquire this knowledge quickly, from FinTech to artificial intelligence to open banking,” he concluded.
A key observation of the book is that AI and its massive impact on careers portends a shift that will give rise to a class of “supercharged professionals” – those who combine their skills with tech to thrive like never before. And then there are the “creative disruptors”; a select few poised to build entirely new industries from scratch. Huy urges us all to embrace this future, not just for ourselves, but to ensure the potential benefits of AI for everyone.
“On average, we are all about average most of the time. Yet, the results that can be gained through AI are now consistently above average,” he warns, while acknowledging there are no easy answers as to how the workforce will be able to ‘raise their game’ to avoid redundancy.
In addition to London, the CFTE is also based Singapore and Hong Kong, and earlier this year opened an office in Abu Dhabi, given the deep need in the Middle East and in particular, the GCC nations for education in the technologies that will shape the future of work. The CFTE works with most Tier 1 financial institutions, governments and central banks.
Regulatory Ramblings podcasts is brought to you by The University of Hong Kong - Reg/Tech Lab, HKU-SCF Fintech Academy, Asia Global Institute, and HKU-edX Professional Certificate in Fintech, with support from the HKU Faculty of Law.
Useful links in this episode:
You might also be interested in:
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Must have book by Ross Buckley, Douglas Arner & Dirk Zetzsche - FinTech: Finance, Technology & Regulation
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Building Better Financial Systems: FinTech Sustainability - Research
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HKU-SCF Fintech Academy - website
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Asia Global Institute - website
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Most sought after Fintech course on edX - Introduction to Fintech
COMING UP ON DECEMBER
Regulatory Ramblings Podcasts List
Regulatory Ramblings Podcast
Welcome to Regulatory Ramblings, a new podcast from a team at The University of Hong Kong on the intersection of all things pertaining to finance, technology, law and regulation. Hosted by the HKU Reg/Tech Lab, HKU-Standard Chartered FinTech Academy and the HKU-edX Professional Certificate in FinTech, join us as we hear from luminaries across multiple fields and professions as they share their candid thoughts in a stress-free environment - rather than the soundbites one typically hears from the mainstream press.
Regulatory Ramblings is a forum for those that appreciate long-form conversation. While it is something that may be regarded as lost art of an older time, it is nonetheless sorely needed in an age when glibness and flippancy pass for analysis in conventional journalism.
Having said that, we are grateful to be able to avail ourselves of modern technological resources to bring you chats with people you are probably not going to hear from elsewhere.
Ajay Shamdasani is a veteran writer, editor and researcher based in Hong Kong. He holds an AB in history and government from Ripon College, JD and MIPCT degrees from the University of New Hampshire Franklin Pierce Law School, and an LLM in financial regulation from the Illinois Institute of Technology’s Chicago-Kent College of Law.
His 15-year long career as a financial and legal journalist began as deputy editor of A Plus magazine – the journal of the Hong Kong Institute of Certified Public Accountants. From there, he assumed the helm of Macau Business magazine as its editor-in-chief, and later, joined Asialaw magazine as its deputy editor. More recently, he spent close to seven years as a senior correspondent with Thomson Reuters’ subscription-based trade-wire service Regulatory Intelligence/Compliance Complete (previously called Complinet) in Hong Kong. While there, he covered regulatory developments in that city, as well as Singapore, India and South Korea.
