In a medium bowl, whisk together mayonnaise, Thai sweet chili sauce, honey, and Sriracha until smooth. Set aside.
Toss the cubed chicken with vegetable oil, paprika, garlic powder, kosher salt, and black pepper. Preheat air fryer to 400°F (200°C) and cook chicken for 11-12 minutes. Toss in ½ cup of the prepared Bang Bang sauce to coat.
For skillet method, season chicken, cook in a hot skillet with oil for 8-10 minutes, and drizzle with ½ cup of Bang Bang sauce.
Divide rice among bowls, layer with red cabbage, carrots, and cucumber. Add Bang Bang chicken and finish with avocado, sauce, cilantro, and sesame seeds.