Senior Lecturer John Parsons speaks with CNN reporters Angela Dewan, Ella Nilsen and Lou Robinson about the future of Small Modular Reactors (SMRs) – nuclear technology that is smaller and less costly to build than traditional, large-scale reactors. “The target here is to produce electricity cheaper than coal and gas plants,” says Parsons. These fossil fuel plants “are terribly simple and cheap to run – they’re just dirty.”
New York Times opinion writer Peter Coy spotlights the MIT Shaping the Future of Work Initiative, a new effort aimed at analyzing the forces that are eroding job quality for non-college workers and identifying ways to move the economy onto a more equitable trajectory. Nothing is “inexorable,” said Prof. Daron Acemoglu during the project’s kickoff event. “The answer in most cases is, AI will do whatever we choose it to do.”
Writing for The Hill, Prof. Arnold Barnett examines the safety of passenger flights. “The safety of flying in countries like the U.S. is the eighth wonder of the world,” notes Barnett. “Far from being nervous as we approach the airport, we should be awestruck that flying is so free of risk — and deeply grateful to those who have made it so.”
Wall Street Journal reporter Lindsey Choo spotlights Principal Research Scientist Matthias Winkenbach and his work developing an AI model to help delivery drivers find the best routes. The model would “take into consideration complex real-world constraints,” such as allowing drivers to, “choose a route that may not be the shortest but allows them to park more conveniently or unload packages in safer spaces,” writes Choo.
The Economist spotlights new research by Prof. Ivan Werning suggesting a refined economic model to address the post-pandemic economy. Werning’s model adjusts “not just to a shift in demand from services to goods, but to supply-chain disruption, energy shocks and employees in some sectors working from home,” explains The Economist. “As such, inflation moved through the economy in waves, starting in select goods then spreading out.”
Writing for The Boston Globe, Prof. Gang Chen emphasizes the harm caused by the “China Initiative.” Chen notes that “some initiatives by the government, such as the China Initiative and the National Institutes of Health’s investigation into academics’ collaborations with China, weaken rather than strengthen US national security. American scientific prowess has been built on the United States’ ability to attract the best and the brightest minds from around the world.” He adds that the China Initiative has been deterring scientists from pursuing their research and careers in the United States.”
Writing for The Hill, Principal Research Scientist Randolph Kirchain and Research Scientist Hessam Azarijafari address how the condition of the nation’s road system impacts transportation emissions. “Investing in a higher-performance road system is a lever within state control that will improve the efficiency and carbon emissions of all vehicles, regardless of how each is powered,” write Kirchain and Azarijafari. “Smoother, stiffer roads allow cars to travel along it more efficiently. Every time a car tire traverses a bump, crack, or pothole, energy is wasted.”
Prof. Florian Berg speaks with Fortune reporter Paolo Confino about the future of ESG initiatives. “The problem is that companies and also investors are often not really honest about their intentions,” Berg says. “They might actually sell something that’s purely a profit-driven decision and then write it in a report as they’re doing a lot for society even though they’re just engaging in profit maximization.”
Prof. David Autor speaks with Bloomberg about the future of generative AI and the technology’s potential impact on productivity and the labor market. “When we interact with AI, we need to learn how to treat it not as authoritative, but as a guide to support decision making, and that’s really critical,” says Autor.
The Economist spotlights the life of Prof. Emeritus Robert M. Solow, a Nobel laureate whose work in growth theory “added both to national spending and the economy’s productive capacity.” The Economist notes that: “the MIT culture he embodied disdained hierarchy, cherished collegial lunches and made time for students, many of whom became illustrious friends.”
Researchers at MIT and elsewhere developed an artificial intelligence predictive model that can be used to detect which strains of Covid-19 could become dominant and lead to a new wave of illness, reports Ruth Reader, Carmen Paun, Daniel Payne and Eric Schumaker for Politico. The model, “found three strong predictors of a dominant variant: the number of infections a strain causes in its first week relative to the number of times it appears in sequencing, the number of mutations in the spike protein, and the number of weeks since the current dominant variant began circulating,” they note.
Prof. Emeritus Robert M. Solow, recipient of the 1987 Nobel Prize in Economics for his work in economic growth theory, has died at age 99, reports Austen Hufford for Wall Street Journal. “Heinstilled in the field of economics a focus on turning complex issues into simple formulas, allowing even freshman in college to grasp and debate important topics,” writes Hufford.
Prof. Emeritus Robert M. Solow, winner of the 1987 Nobel Prize in Economics “for exploring the impact of technology on economic growth, work that spawned a wider understanding of what drives the expansion of industrial economics,” has died age 99, reports Edward Cowan for The Washington Post. “The strong role of technological progress identified by Dr. Solow contributed to a greater emphasis by governments on higher education and technological research,” writes Cowan.
Prof. Emeritus Robert M. Solow, a recipient of the 1987 Nobel Economics Prize who created a theoretical framework for growth theory – the branch of economics “which studies those factors that allow for increased production and improvements in economic welfare” – has died at age 99, reports Mike Feeney for The Boston Globe. “Dr. Solow was as celebrated among economists for who he was as for what he did,” writes Feeney. “His public-spiritedness, lucid writing, and sparkling, often self-deprecating wit made him a much-loved figure.”
Prof. Emeritus Robert M. Solow, a Nobel laureate whose work on economic growth became the model by which economists “came to practice their craft,” has died at age 99, reports Robert D. Hershey Jr., for The New York Times. Solow’s “work demonstrated the power of bringing mathematics to bear on important economic debates and simplifying the analysis by focusing on a small number of variables at a time,” writes Hershey.