Prof. Michael Cusumano speaks with Associated Press reporters Matt O’Brien and Sarah Parvini about a new approach to AI acquisitions and the impact on smaller AI startups. “To acquire only some employees or the majority, but not all, license technology, leave the company functioning but not really competing, that’s a new twist,” says Cusumano.
Prof. of the practice Donald Sull speaks with Fortune reporter Lindsey Leake about the common misconceptions found in corporate company culture. “People often think that high performance is an excuse for abusive behavior—they confuse disrespectful and bullying behavior for maintaining high standards,” say Sull. “But it’s possible to set the bar for performance high without berating or bullying people. And to the extent these toxic managerial behaviors drive high performers out of the organization, the abusive behavior undermines performance.”
On the 30th anniversary of Amazon’s founding, Selene Silvestri, a research scientist with MIT’s Center for Transportation and Logistics, joins The Pulse’s Liz Tung to discuss how the company developed its supply chain. “They needed to ensure that items were available, that they could deliver promptly,” Silvestri explains. “They also needed to start having their own warehouses. And they had to do so with two things in mind. They needed these to be cost efficient and they needed also to have these warehouses in locations that would allow them to ship fast.”
Writing for Forbes, lecturer Guadalupe Hayes-Mota '08, SM '16, MBA '16 explores the role of artificial intelligence and biotechnology in transforming the healthcare industry specifically for venture capitalists (VCs). “The fusion of AI and biotechnology presents a wealth of opportunities for venture capitalists,” writes Hayes-Mota. “By staying attuned to emerging trends and adopting strategies for impactful investments, VCs can drive innovation and create transformative changes in healthcare.”
Research Scientist Neil Thompson speaks with New York Times reporter Hank Sanders about the economic and social impact of AI technology in the fast-food industry. Thompson explains that “voice A.I. is inaccurate often enough that it requires some level of human oversight, which decreases cost savings,” writes Hank.
Prof. Stuart Madnick speaks with CNBC reporter Trevor Laurence Jockims about the importance of embedding cybersecurity into company culture. “Cybersecurity has to be in the culture of the organization,” says Madnick. “Corporate culture prioritizes other things over security and risk management.”
“We know the movie and we know how it ends,” said Squawk Box host Andrew Ross Sorkin during an interview with Prof. Eric So, referencing a resurgence of the late 2020 meme stocks craze. “Stock prices move to business fundamentals but they also move to waves of market sentiment which reflect market demand but have little to do with fundamentals,” So comments.
TechCrunch reporter Ron Miller highlights MIT’s role as a driving force behind the Greater Boston area’s success as a hub for startups. Emily Knight, president of The Engine Accelerator, notes that universities are breeding grounds for new ideas. “There is a lot of research and a lot of infant innovation being translated into companies coming out of these [Greater Boston area] universities,” Knight explains.
The Sloan School of Management hosted the “Creating Opportunities for Second Chance Hiring” conference to explore ways to “reduce barriers and increase opportunities for job seekers with a criminal history,” reports Paul Singer for GBH.
Senior lecturer Renée Richardson Gosline speaks with Boston Globe reporter Maddie Khaw about new marketing strategies and how they are being used to promote the latest water bottle trends. “If you can get the right influencer to talk about your stuff, you’ve got more targeted communications,” says Gosline. “What people buy has started to replace a sense of social connection and identity that is missing for many people.”
Forbes reporter Oludolapo Makinde spotlights research by Prof. Daron Acemoglu and Prof. Simon Johnson that explores the impact of AI on the workforce. “Instead of aiming to create artificial superintelligence or AI systems that outperform humans, [Acemoglu and Johnson] propose shifting the focus to supporting workers,” writes Makinde.
A new report by researchers from MIT and Boston Consulting Group (BCG) has uncovered “how AI-based machine learning and predictive analytics are super-powering key performance indictors (KPIs),” reports Sheryl Estrada for Fortune. “I definitely see marketing, manufacturing, supply chain, and financial folks using these value-added formats to upgrade their existing KPIs and imagine new ones,” says visiting scholar Michael Schrage.
Prof. David Autor speaks with Bloomberg’s Odd Lots podcast hosts Joe Weisenthal and Tracy Alloway about how AI could be leveraged to improve inequality, emphasizing the policy choices governments will need to make to ensure the technology is beneficial to humans. “Automation is not the primary source of how innovation improves our lives,” says Autor. “Many of the things we do with new tools is create new capabilities that we didn’t previously have.”
Prof. David Autor and Prof. Daron Acemoglu speak with New York Times columnist Peter Coy about the impact of AI on the workforce. Acemoglu and Autor are “optimistic about a continuing role for people in the labor market,” writes Coy. “An upper bound of the fraction of jobs that would be affected by A.I. and computer vision technologies within the next 10 years is less than 10 percent,” says Acemoglu.