Hong Kong Financial Secretary Paul Chan made a lot of fancy statements at the Web3 Carnival—"a crucial turning point," "heading towards maturity," "game changer."



Translate the politician's rhetoric:

"Crucial turning point" = Last year was also a turning point, the year before too, every year is a turning point.

"Heading towards maturity" = It was indeed immature before, but the phrase "heading towards" is clever because it's always on the way.

"Game changer" = Every time new technology comes out, people say this. AI + Web3 is just the latest combination.

But one thing he’s right about — the intersection of AI agents and Web3 is indeed worth paying attention to.

AI agents need payment capabilities, and Web3 provides permissionless payment infrastructure. AI agents require identity verification, and Web3 has DID. AI agents need data flow, and Web3 has on-chain verifiable data layers.

But the problem is —

Current AI agents can even mess up ordering takeout, so you want them to manage wallets?

The "AI agent + Web3" narrative is still at the PPT stage. The real-world scenarios might be much more boring than what Paul Chan described — not a "game changer," but more likely AI helping you automatically arbitrage, run strategies, and manage positions.

But boring things make money; sexy narratives only grab attention.

Hong Kong has been heavily betting on Web3 in recent years—issuing licenses, hosting carnivals, attracting projects. Paul Chan’s support shows the government’s attitude hasn’t changed — whether Web3 can "change the game," at least "changing Hong Kong’s fintech positioning" is something he’s serious about.
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