Forbes
Writing for Forbes, Andrew Binns highlights research from Prof. Daron Acemoglu suggesting total productivity gains of AI could be as little as 0.53% over 10 years, much lower than common estimates.
Writing for Forbes, Andrew Binns highlights research from Prof. Daron Acemoglu suggesting total productivity gains of AI could be as little as 0.53% over 10 years, much lower than common estimates.
Rollerama, a pop-up roller skating rink at Kendall Common, has become a “corner of liveliness” this summer, providing the public with free fun and art in the form of a new mural by Massiel Grullon, reports Izzy Bryars for The Boston Globe. “We thought it could help people do something fun together, and start to give people a sense of what the Kendall Common build out will be like,” says Sarah Gallop, director of MIT’s Office of Government and Community Relations.
A new paper by MIT researchers has found that “aviation safety is improving by the decade,” reports Monica Pitrelli for CNBC. The paper “states that the risk of dying on a commercial flight globally was 1 per 13.7 million passenger boardings from 2018 to 2022 — a significant improvement from the decade before, and far cry from the one death for every 350,000 boardings that occurred between 1968-1977,” explains Pitrelli.
Prof. Jeff Gore speaks with Caity Weaver of The New York Times about the future of the U.S. penny and his belief that the penny should be retired. “People think that because it exists and is used, it means that it’s useful,” Gore notes. “We’re taking something that is actually a valuable commodity, something that has actual value, and then we’re converting it into something that people just throw away.”
Senior lecturer Paul McDonagh-Smith speaks with Forbes reporter Joe Mckendrick about the history behind the AI hype cycle. “While AI technologies and techniques are at the forefront of today’s technological innovation, it remains a field defined — as it has from the 1950s — by both significant achievements and considerable hype," says McDonagh-Smith.
Writing for The Boston Globe, Prof. Thomas Kochan explores how workers, unions, CEOs and politicians can all draw lessons from the Market Basket protests in 2014. "The key lesson for workers and unions is to draw on customers and citizens as allies and sources of power," writes Kochan. "If workers’ demands make sense, customers and community members will support them."
Prof. Jonathan Gruber speaks with Marketplace host Daniel Ackerman about the difficulties associated with Boston’s rental market, where due to the large number of college students many housing units start their lease cycles on September 1. “You can’t fit them all in the apartment at the same time,” explains Gruber. “You can’t all get moving trucks to move in that same day.”
Researchers at MIT are working toward training AI models “as subject-matter experts that ethically tailor financial advice to an individual’s circumstances,” reports Tanza Loudenback for Business Insider. “We think we’re about two or three years away before we can demonstrate a piece of software that by SEC regulatory guidelines will satisfy fiduciary duty,” says Prof. Andrew Lo.
Prof. Nathaniel Hendren speaks with Wall Street Journal reporter Rachel Wolfe about the evolution of economic mobility in the United States. “It’s still a coin flip whether or not you’ll earn more than your parents, but mobility probably hit a record low in the early 2020s,” says Hendren.
TechCrunch reporter Kyle Wiggers spotlights Codeium, a generative AI coding company founded by MIT alums Varun Mohan SM '17 and Douglas Chen '17. Codeium’s platform is run by generative AI models trained on public code, providing suggestions in the context of an app’s entire codebase. “Many of the AI-driven solutions provide generic code snippets that require significant manual work to integrate and secure within existing codebases,” Mohan explains. “That’s where our AI coding assistance comes in.”
Prof. Thomas Kochan speaks with Boston Globe reporter Dana Gerber to reflect on the impact of 2014 Market Basket protests. Kochan, who co-authored a case study about the protests, says “it’s still the most unprecedented worker action that we’ve seen in our century. We’ve never seen a non-union group take action in support of their CEO, and hold that solidarity — from the executives to the clerks to the truck drivers — for six weeks. And to get the support of the customers was a remarkable achievement.”
David Rush '07 pursues numerous challenges to promote STEM in education, but his role as the “globe’s most prolific Guinness World Record setter” stems from early sibling rivalry, reports Ramon Antonio Vargas for The Guardian. The thrill and accomplishment of beating his older brother at swimming led to attempting record breaking, which Rush uses as a metaphor for life’s trials. “If you set your mind to a goal, believe in yourself, pursue it with a passion, you can accomplish virtually anything,” he said.
A team of MIT researchers discovered a hard limit for the “spooky” phenomenon known as quantum entanglement, reports Ben Brubaker for Quanta Magazine. The researchers found that quantum entanglement does not weaken as temperatures increase, but rather it vanishes above specific temperatures, a behavior dubbed the “sudden death” of entanglement. “It’s a very, very strong statement,” says Prof. Soonwon Choi of the findings. “I was very impressed.”
Graduate student Emelie Eldracher '22 will complete in the Paris Paralympics as a coxswain in the PR3 Mixed Coxed Four race, reports Henry Dinh-Price, Alexa Podalsky and Aiden Sprole for The Boston Globe. “While studying at MIT, Eldracher designed the first AI-powered heated jacket,” they write.
Anurag Bajpayee MS '08, PhD '12 and Prakash Govindan PhD '12 founded Gradiant, an MIT startup “trying to reduce both costs and energy while eliminating chemicals” in water, reports Diana Olick for CNBC. “We take highly contaminated wastewater which contains solvents, which contains dissolved salt, which contains organics, and we eliminate the entire liquid waste,” says Govindan.