Prof. Albert Saiz discusses how older Americans are impacting the real estate market in the Greater Boston area. “There’s a mismatch now,” saysSaiz. “As people age in place, these households tend to be two people or sometimes one person in maybe a three- or four-bedroom home. Since they’re not downsizing as we expected, we have a huge, huge need for bigger homes to host younger families.”
MIT scientists have uncovered evidence that wildfire smoke particles can lead to chemical reactions in the atmosphere that erode the ozone layer, reports Margaret Osborne for Smithsonian Magazine. “From a scientific point of view, it’s very exciting to see this brand new effect,” says Solomon. “From a planetary point of view… it would be just tragic to have mankind screw up solving the ozone hole by deciding that we’re going to [allow] a lot more of these fires if we don’t mitigate climate change.”
Prof. Gang Chen speaks with Times Higher Education reporter Pola Lem about how “government interference has created an atmosphere of fear for foreign-born academics in the US.” Says Chen, “I don’t expect myself to go back to what I was before, but I’m also determined. I’m not going to be beaten in my science. I’m going to become stronger through this ordeal.” He adds, “I hope basic science can remain open.”
NECN spotlights how a group of MIT Sloan students jumped into action to aid a dog who was dumped out of a car. The dog, Millie, “was reunited with her grateful owner, who came to MIT to meet police and the students.”
MIT Legatum Center Executive Director Dina Sherif and Pia Sawhney write for CNBC about how the Silicon Valley Bank collapse will impact various companies, communities, and innovation ecosystems. “The immediate banking crisis is over,” writes Sherif. “Now it’s time to rebuild a new system for financing innovation to meet today’s needs.”
MIT graduate students rescued and reunited a stolen dog with its owner after it was abandoned following a carjacking, reports Timothy Nazzaro for Boston 25. “After recovering the dog, the MIT students contacted the dog’s owner using the information on the pooch’s collar tags,” writes Nazzaro. “The owner was reunited with ‘Millie,’ the pup, at MIT and was very grateful to the students who stepped in to save her."
Writing for The Los Angeles Times, Prof. Simon Johnson outlines how regulation and supervision of the banking industry should be strengthened following the collapse of Silicon Valley Bank. “A well-regulated system is still the right goal,” writes Johnson. “The Federal Reserve needs to overhaul and improve its bank supervision — and to make that consistent with its macroeconomic policy for interest rates.”
Senior lecturer Jason Jay speaks with Financial Times reporter Sarah Murray about the positive impact of online sustainability courses. “What it means to put a tax on carbon feels very different for wealthy communities in Northern Europe than it does for people in India,” says Jay. “A global community of learners can challenge things and bring in their own perspectives.”
Using an artificial intelligence system, researchers at MIT and elsewhere have developed a new Covid-19 vaccine that could be effective against current and future strains, reports Gwen Egan for Boston.com. “The vaccine differs from others currently on the market due to the portion of the virus being targeted,” writes Egan.
Wired reporter Will Knight spotlights a new working paper by graduate students Shakked Noy and Whitney Zhang examining the impact of providing office workers access to ChatGPT for use in a series of office tasks. The researchers found “people with access to the chatbot were able to complete the assigned tasks in 17 minutes, compared to an average 27 minutes for those without the bot, and that the quality of their work improved significantly,” writes Knight.
Boston Globe reporter Hiawatha Bray writes that MIT researchers have used an AI system to identify a potential new Covid-19 vaccine that may be effective against both current and future variants of the virus. “The new vaccine targets a portion of the COVID virus that is much less prone to evolve,” writes Bray. “That could potentially make it effective against many different versions of the virus, eliminating the need for routine booster shots.”
Rebecca Blank PhD ’83, who helped reform how the government measures poverty, has died at 67, reports Alex Traub for The New York Times. Blank’s work “changed the poverty calculus in numerous ways, for instance by using as a basis not merely food budgets but also an array of consumer expenditures, including on clothing and shelter,” writes Traub. “In addition, it updated the view of a family’s financial resources to take account of government benefits not issued as cash.”
Bloomberg reporters Alex Tanzi and Mackenzie Hawkins spotlight a paper by graduate student Evan J. Soltas and his colleague Gopi Shah Goda discussing Covid-19’s impact on the labor market. The researchers “found that workers who miss a full week because of COVID are about 7 percentage points less likely to be employed a year later,” writes Tanzi and Hawkins.
MIT researchers have developed a new approach to vaccines that uses “a machine learning twist [that] could put an end to boosters and seasonal variant shots,” reports Devin Coldewey for TechCrunch.
Katie Rae, chief executive officer and managing partner of The Engine, speaks with Bloomberg reporter Akshat Rathi about how climate-tech startups are often well served by having scientists and engineers serve as leaders, in particular when surrounded by established business talent. “In the earliest phases of these things, you cannot just divorce the science from the scientist or divorce the engineering from the engineer,” says Rae.