MIT professors Andrew Lo and Donald Sadoway have been named by Time magazine as two of the “100 Most Influential People in the World” for 2012.
Lo, the Charles E. and Susan T. Harris Professor in the MIT Sloan School of Management and a member of the Computer Science and Artificial Intelligence Laboratory (CSAIL), was cited for his "adaptive markets" theory and his belief that “markets are less like rule-based physics and more like messy biological systems,” Time wrote.
“Lo is known for his multidisciplinary approach to finance, using everything from statistical analysis to neuroscience to better understand the markets,” the article notes.
"In a battery, I strive to maximize electrical potential," Sadoway, a professor in MIT’s Department of Materials Science and Engineering, says in the article. "When mentoring, I strive to maximize human potential."
Several alumni also made the list, including online-educator Sal Khan ’98, MEng ‘98, who will be this year’s Commencement speaker; Mario Draghi PhD '77, the head of the European Central Bank; and Benjamin Netanyahu ’75, MS ’76, the prime minister of Israel.