In a letter to the editor of The Economist, Prof. David Autor makes the case that while pursuing industrial policy has substantial risks, “forswearing industrial policy has equally many risks, especially when our chief economic and strategic competitors are currently using it to great effect.”
Prof. Yossi Sheffi speaks with Marketplace host Meghan McCarty Carino about how AI has impacted the workplace, highlighting the wide deployment of robots in warehouses. “Instead of people running around the warehouses, the people stand and the robots run around the warehouses,” Sheffi said. “But they bring the work to the people who then put it in boxes, package them.”
Boston Metal, an MIT startup, is developing a new method for producing steel that reduces carbon emissions, reports Catherine Clifford for CNBC. “The main goal of Boston Metal is green steel, but the company will also use its core electrolysis technology to produce tin, niobium, and tantalum metals from what is otherwise considered waste from the mining process,” writes Clifford.
Institute Prof. Daron Acemoglu and Prof. Aleksander Mądry join GBH’s Greater Boston to explore how AI can be regulated and safely integrated into our lives. “With much of our society driven by informational spaces — in particular social media and online media in general — AI and, in particular, generative AI accelerates a lot of problems like misinformation, spam, spear phishing and blackmail,” Mądry explains. Acemoglu adds that he feels AI reforms should be approached “more broadly so that AI researchers actually work in using these technologies in human-friendly ways, trying to make humans more empowered and more productive.”
The Economist spotlights how Boston Metal, an MIT startup, has developed a new process for creating steel that avoids producing greenhouse gas emissions. “Instead of releasing CO2 or steam, its approach produces pure oxygen—which is not merely harmless, but actually valuable,” The Economist notes.
Prof. Yossi Sheffi, director of the MIT Center for Transportation and Logistics, speaks with David Wade of WBZ News about AI and the future of work. "Jobs will change, clearly some jobs will disappear. I don't want to minimize it," says Sheffi. “Some jobs will disappear, but this is a very small number. Most of the impact of technology is to assist."
Prof. Simon Johnson and Prof. Yossi Sheffi speak with Boston 25 about the potential impact of AI on the labor market. “We need people to have what’s called soft skills,” says Sheffi. “They need to be able to convince people, manage people, work with people, partner with people.” Johnson notes while there are still fields that are safe bets, but notes that the speed with which [AI] is moving and currently the acceleration is really dramatic.”
Prof. Yossi Sheffi joins Bloomberg Business Hour to discuss the impact of artificial intelligence on businesses, supply chain management, and risk management. “In general, over the last 50 years, supply chain has changed dramatically, infusing more and more technology into the operation,” says Sheffi.
Ginkgo Bioworks, a biotech company founded by Jason Kelly BS ’03, PhD ’08, Reshma Shetty PhD ‘08, Barry Canton PhD ’08, Austin Che PhD ’08 and Professor Tom Knight, is working to develop synthetic fragrances, reports Scott Kirsner for The Boston Globe.
Forbes contributor Joe McKendrick spotlights Prof. Yossi Sheffi’s new book, “The Magic Conveyor Belt: Supply Chains, AI, and the Future of Work.” McKendrick writes that Sheffi emphasizes the need to "better understand the supply chains on which our businesses and society depend, and our conception of supply chains needs to be broadened — from product and parts delivery networks to the very essence of organizations themselves.”
Prof. Aleksander Mądry’s testimony before a House subcommittee was highlighted by Politico fellow Mohar Chatterjee in a recent newsletter exploring how large tech companies are dominating how generative AI technologies are developed and utilized. During his testimony, Mądry emphasized that “very few players will be able to compete, given the highly specialized skills and enormous capital investments the building of such systems requires.”
Boston Metal, an MIT startup, has developed a way to generate steel without releasing carbon dioxide emissions, reports Catherine Clifford for CNBC. The company “plans to begin construction of a demonstration steel plant in 2024 and a commercial sized plant in 2026,” says Boston Metal CEO Tadeu Carneiro.
MIT startup Boston Metal is developing technology to decarbonize steel production, reports Ed Davey for the Associated Press. “Boston Metal said it can eliminate all carbon dioxide from its steel production and hopes to ramp up production to millions of tons by 2026,” writes Davey.
MIT researchers have found that “automation is the primary reason the income gap between more and less educated workers has continued to widen,” reports Ellen McGirt for Fortune. “This single one variable…explains 50 to 70% of the changes or variation between group inequality from 1980 to about 2016,” says Prof. Daron Acemoglu
Prof. Daron Acemoglu speaks with Politico reporter Derek Robertson about his new study examining the impacts of automation on the workforce and economy. “This discussion gets framed around ‘Will robots and AI destroy jobs, and lead to a jobless future,’ and I think that's the wrong framing,” says Acemoglu. “Industrial robots may have reduced U.S. employment by half a percent, which is not trivial, but nothing on that scale [of a “jobless future”] has happened — but if you look at the inequality implications, it's been massive.”