Endor, a spin-out that originally began at the Media Lab, has acquired $45 million in token pre-sales for its “blockchain-based predictive analytics technology” notes Reuters. “Endor’s platform allows users to key in questions and get predictions as answers. Its tokens can be spent by individuals and data owners to access predictions.”
The Forbes Boston Business Council recommends the Martin Trust Center as “a great resource for early-stage Boston tech startups,” says Council member Ted Chan. “[C]onnections to people who have found success before are invaluable as you develop as a technology executive.”
Sloan sophomore Kai Kloepfer developed a “prototype of a biometrically secured ‘smart gun’ that could be fired only by its owner,” writes Mark Wallace for Fast Company. “We have to physically integrate our technology into the handgun,” Kloepfer says. “So that means attaching circuit boards and incorporating batteries. There has to be physical space made.”
In a new working paper, Prof. Daron Acemoglu and his co-author argue that the rise in automation is linked to the aging of the blue-collar population. “The study shows that workers feeling the brunt of automation in lost jobs and lower wages are between the ages of 36 and 55. Those findings should make it easier for policy makers to track down the most affected workers—and help them survive the robot rush,” writes Ana Campoy for Quartz.
Prof. Bill Aulet and Aman Advani ’13, CEO of Ministry of Supply, speak with Brian Burnell of NECN about The Martin Trust Center for MIT Entrepreneurship and why it’s a great resource for students. "We came in with enough humility to know that we didn’t know what was next,” said Advani, “and that’s where the Trust Center was such a helpful resource.”
Scientists at MIT and a private company are looking to "transform fusion from an expensive science experiment into a viable commercial energy source," reports Hannah Devlin for The Guardian. Devlin quotes Prof. Maria Zuber, MIT's Vice President for Research: "At the heart of today’s news is a big idea - a credible, viable plan to achieve net positive energy for fusion.”
This year, MIT’s Global Startup Workshop (GSW), a student-run “conference on innovation and technology,” will take place in Bangkok, writes Jon Russell of TechCrunch. “We’ve been focusing more on emerging markets because it’s such an exciting space to be in and it’s a space where GSW can have the most impact,” said graduate student and organizer Juan Ruiz Ruiz.
In an article for Financial Times, CSAIL Director Daniela Rus explains why humans should collaborate rather than compete with AI. “Technology and people do not have to be in competition,” writes Rus. “Collaborating with AI systems, we can augment and amplify many aspects of work and life.”
EasyEmail, a startup co-founded at MIT, offers an AI-driven “productivity tool” for quickly responding to email. “Going through MIT’s Sandbox Program, Fuse, and The Martin Trust Center’s NYC Summer Startup Studio helped the team rapidly iterate and develop their product,” writes Forbes contributor Frederick Daso, also a graduate student at MIT.
Bloomberg View’s Barry Ritholtz interviews MIT Innovation Teams Program (i-Teams) Director Luis Perez-Breva about his love for projects that “look impossible,” ideas that are “born bad,” and what the word “innovation” really means.
Katie Rae, managing director of The Engine, has collaborated with other Boston-based female investors to create FemaleFounders.org. The group will hold “office hours” that will encourage “entrepreneurs to get to know women investors and build a community,” writes Ron Miller for TechCrunch.
MIT startup Ministry of Supply has launched an intelligent heated jacket that can operate manually or respond to smart assistants. As Richard Priday of Wired explains, the “optimum temperature of the garment” is calculated using sensors that detect the outside temperature as well as the user’s body movement and temperature.
Prof. Alex Pentland speaks with Nikolai Kuznetsov of Forbes about Endor, the predictive analytics company he cofounded with Research Affiliate Yaniv Altshuler. “Endor aspires to give average investors and traders an easier time finding equal footing all while lending the investment industry more legitimacy,” said Pentland.
Ministry of Supply, which was founded out of MIT, is launching a new line of “intelligent outerwear” that will feature a jacket that can be warmed from your smartphone. "We think technology should just blend into the background and be simple to use,” cofounder and president Gihan Amarasiriwardena ’11 told Janelle Nanos of the Boston Globe.
Reflecting on President’s Day, Prof. William Aulet speaks with Radio Boston’s Deborah Becker about what makes an effective leader. “The job of a leader is to produce results,” Aulet says. “Leadership is about creating passion, dealing with change.”