A new working paper by MIT researchers finds that automation is replacing more workers than outsourcing, reports Scott Tong for Marketplace. Prof. Daron Acemoglu notes that workers displaced by machines won’t be able to find better quality jobs unless “we invest in new technologies that create new tasks and new opportunities for workers.”
In an article for Fortune, Prof. Erin Kelly and Prof. Phyllis Moen of the University of Minnesota explore how to craft effective hybrid work policies that can benefit both employees and employers. Kelly and Moen advocate for “inviting teams to discuss and learn from how they adapted during the pandemic and how they struggled, and to imagine what might work well for them.”
Writing for The New York Times, senior lecturer Robert Pozen and Alexandra Samuel explore how to create a hybrid workplace. “There is no single right way to design a hybrid workplace. But asking the right questions can help each team shape what we call the Goldilocks plan — with not too much or too little remote work,” they write.
Senior lecturer Robert Pozen writes for Fortune about how businesses need to implement new methods for measuring employee productivity and performance. Pozen recommends an approach he developed called “success metrics,” noting that “under this approach, the manager sets objectives for their team as part of the effort to fulfill the organization’s goals. Then the manager and team members discuss how they will know at the end of the relevant period whether they have been successful in achieving these objectives.”
Prof. Thomas Kochan speaks with Reuters reporter Timothy Appell about how the decision to support a union campaign can often become a risk assessment for employees. When it comes to individual campaigns in a workplace, “the reality sets in - when the employer campaigns so hard that you think you’re putting your job at risk,” says Kochan.
In an article for Politico, Professor of the practice Zeynep Ton explores how pay disclosures could help shed led on whether workers are earning enough money to support their families. “Building an economy founded on good jobs will require deep, structural transformation, but you can only manage change if you measure," writes Ton and her co-author Katie Bach. “The best way to spur movement towards creating good jobs may be to start requiring that companies publish take-home pay data.”
Writing for Forbes, Elisabeth Reynolds, executive director of the MIT Task Force on the Work of the Future, underscores the need to improve job quality, increase access to education and training, and invest in technologies that augment workers. “The public and private sectors must also be innovative in the ways in which they can collaborate in creating a work of the future that leads to greater shared prosperity,” writes Reynolds.
Bloomberg reporters Georgina McKay and Tracy Alloway spotlight a new working paper on income inequality by MIT researchers that finds that highly-paying jobs are now more likely to be located within highly-paid companies. The findings suggest that “a government looking to reduce inequality might want to target sectors where bifurcation between ‘high-paying’ and ‘low-paying’ has been most extreme.”
Reuters reporter Trevor Hunnicutt spotlights how Elisabeth Reynolds, executive director of the MIT Task Force on the Work of the Future, has been tapped by the Biden administration to serve on the National Economic Council.
Elisabeth Reynolds, executive director of the MIT Task Force on the Work of the Future, speaks with Soledad O’Brien about how to ensure workers aren’t left behind in the transition to a more digital workforce. “If we can find pathways to the middle where we do see growth and demand for workers - construction, healthcare, the trades, manufacturing, places where we are seeing opportunities - that move can really be a new lifeline for people,” says Reynolds.
Prof. Amy Glasmeier speaks with Greg Iacuurci of CNBC about the calculator she and her colleagues developed that displays what an actual living wage is in different areas of the country. “People are not surviving on the minimum wage,” says Glasmeier,
Forbes contributor Adi Gaskell spotlights how the MIT Task Force on the Work of the Future recently released a comprehensive report examining the future of work. Gaskell writes that the Task Force's report emphasizes the “pressing issues of our time as one of improving the quality of jobs to ensure that prosperity is shared across the economy.”
Axios reporter Bryan Walsh spotlights a new study by researchers from MIT’s Task Force on the Work of the Future that examines the impact of AI on the future of work. Walsh notes that the report’s authors “recommend programs that can enhance computer skills from kindergarten through the university level, while urging businesses and worker organizations to build cushions for the sometimes harsh changes AI will wreak on work.”
Writing for the Financial Times, Ryosuke Harada highlights a new MIT report that emphasizes the “importance of education and investment in human resources and warns that in the absence of a strategy, jobs will be lost and divisions in society will widen.”
Prof. Daron Acemoglu speaks with Guardian reporter Lauren Aratani about the impact of automation on inequality. While AI has “tremendous potential for making humans more productive,” Acemoglu notes that it also “has been a major driver in the increase in inequality.”