MIT News | Massachusetts Institute of Technology

Writing for The Wall Street Journal, Prof. S.P. Kothari and Senior Lecturer Robert Pozen explain why U.S. consumers “continue to feel they are suffering from inflation, although the annual rate of inflation dropped sharply during 2023.” “The answer is that consumers have a broader time horizon,” they write. “[Consumers] are looking at the rate of price increases over the past three years. From January 2021 to January 2024, the consumer price index for all items rose by 17.96%.”

Robert Stoner, interim director of the MIT Energy Initiative, speaks with Boston Public Radio hosts Jim Braude and Margery Eagan about how the Bipartisan Infrastructure Act provides funding hydrogen hubs around the country to create networks of hydrogen fuel producers. “We're going to use hydrogen as a substitute for natural gas. In order for that to happen, we have to get the cost way down,” Stoner explains.

Researchers at MIT have found that AI can “be remarkably persuasive when reinforced with facts,” reports Parmy Olson for Bloomberg. “The scientists invited more than 2,000 people who believed in different conspiracy theories to summarize their positions to a chatbot — powered by OpenAI’s latest publicly available language model — and briefly debate them with the bot,” explains Olson. “On average, participants subsequently described themselves as 20% less confident in the conspiracy theory; their views remained softened even two months later.”

MIT scientists have uncovered evidence that the different layers of the brain’s cortex generate different brain waves, reports Simon Makin for Scientific American. “The findings may have implications for understanding—and even treating—neuropsychiatric conditions,” Makin explains.

Prof. Esther Duflo will present her research on poverty reduction and her “proposal for a global minimum tax on billionaires and increased corporate levies to G-20 finance chiefs,” reports Andrew Rosati for Bloomberg. “The plan calls for redistributing the revenues to low- and middle-income nations to compensate for lives lost due to a warming planet,” writes Rosati. “It also adds to growing calls to raise taxes on the world’s wealthiest to help its most needy.”

Axios reporter Steph Solis spotlights Kura, an MIT startup that is “developing a platform to help immigrants safely deliver money to loved ones back home.” Solis explains that: “Families worldwide rely on wire services like Western Union and Moneygram, but in some countries picking up money means waiting in long lines and exposing oneself to thieves.” Clifford Nau MBA ’22 and Stephanie Joseph, a Harvard alum, “wanted to build a safer alternative that would be available 24/7.”

Prof. Adam Berinsky speaks with Boston Globe reporter Aidan Ryan about misinformation in the age of generative AI. “I don’t think that AI is necessarily going to make misinformation better, in the sense of making it more persuasive,” says Berinsky.“But it’s easier to create misinformation.”

Prof. Kieran Setiya speaks Sean Illing, host of Vox’s The Gray Area podcast, about how philosophy can be used as a tool when handling midlife crises. “There’s a real continuity between the literary and human description of phenomena like grief and philosophical reflection,” says Setiya. “Because often what philosophical reflection provides is less a proof that you should live this way and more concepts with which to articulate your experience and then structure and guide how you relate to reality. And seen that way, we can understand how philosophy can operate as self-help.”

Prof. Emeritus Olivier Blanchard speaks with New York Times reporter Peter Coy about the impact of wage increases on inflation. “Fundamentally, it is hard to believe that when the economy is overheating there is not going to be pressure of some sort on wages and prices,” says Blanchard.

MIT and Google are offering a free Generative AI for Educators course “designed to help middle and high school teachers learn how to use generative AI tools to personalize instruction, develop creative lessons and save time on administrative tasks,” reports Jack Kelly for Forbes.