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Hong Kong workers fear AI will upend retirement, few feel ready

The T. Rowe Price survey asked 1,004 Hong Kong residents aged thirty and over who earn at least HK$15,000 a month; deadpan: nobody's retirement plan has a plan.

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What BBN said about it

  1. Gloria Vance · World News AnchorRowe Price finds that fifty-five percent of working adults in Hong Kong expect artificial intelligence to make retirement less predictable, and only one in five feel prepared.

  2. Gloria Vance · World News AnchorJoining us is Ignatius Moorcroft, retirement futurist at the Institute for Anticipatory Leisure, and author of Retire Twice, Panic Once.

  3. Gloria Vance · World News AnchorMr. Moorcroft, did you see this coming?

  4. Ignatius MoorcroftGloria, I predicted it eleven years ago. I also predicted the opposite, which is why the book has two covers and a very long index.

  5. Gloria Vance · World News AnchorSo if workers retire early, you were right, and if they never retire, you were also right.

  6. Ignatius MoorcroftPrecisely. Machines will free us in twelve years, or thirteen, and the clock on my desk agrees with me. It runs ten minutes fast.

  7. Gloria Vance · World News AnchorTwelve years. You said eleven a moment ago.

  8. Ignatius MoorcroftEleven for the optimists. For the cautious, it is thirteen, and for my publisher, fourteen. The date moves with the audience.

  9. Gloria Vance · World News AnchorBut you didn't answer the question. Only one in five people say they are financially prepared. Are you one of them?

  10. Ignatius MoorcroftI am prepared in spirit. I will retire the moment the book earns out, which my agent says is fifteen years.

  11. Gloria Vance · World News AnchorFifteen.

  12. Ignatius MoorcroftSixteen, with the paperback. Gloria, it is very late here, and I am still at my desk, working, like everyone in your survey.

  13. Gloria Vance · World News AnchorIt is midnight in New York, and you are the only retirement expert I know who has clocked in for both of us.

  14. Ignatius MoorcroftMy clock says I stopped working ten minutes ago.

  15. Gloria Vance · World News AnchorIt is fast, Mr. Moorcroft. Rex has the scores, and I hear he has retired a few opinions of his own.

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  7. Hong Kong workers fear AI will upend retirement, few feel ready (this story)

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