Labor and jobs

Forbes reporter Joe McKendrick spotlights a study by researchers from the MIT Center for Collective Intelligence evaluating “the performance of humans alone, AI alone, and combinations of both.” The researchers found that “human–AI systems do not necessarily achieve better results than the best of humans or AI alone,” explains graduate student Michelle Vaccaro and her colleagues. “Challenges such as communication barriers, trust issues, ethical concerns and the need for effective coordination between humans and AI systems can hinder the collaborative process.”

Forbes reporter John M. Bremen spotlights a new study by MIT researchers that “shows the most skilled scientists and innovations benefitted the most from AI – doubling their productivity – while lower-skilled staff did not experience similar gains.” The study “showed that specialized AI tools foster radical innovation at the technical level within a domain-specific scope, but also risk narrowing human roles and diversity of thought,” writes Bremen. 

Prof. Armando Solar-Lezama speaks with New York Times reporter Sarah Kessler about the future of coding jobs, noting that AI systems still lack many essential skills. “When you’re talking about more foundational skills, knowing how to reason about a piece of code, knowing how to track down a bug across a large system, those are things that the current models really don’t know how to do,” says Solar-Lezama.

Research Scientist Nick van der Meulen speaks with Financial Times reporter Bethan Staton about how automation could be used to help employers plug the skills gap. “You can give people insight into how their skills stack up . . . you can say this is the level you need to be for a specific role, and this is how you can get there,” says van der Meulen. “You cannot do that over 80 skills through active testing, it would be too costly.”

In an article for Forbes, Joseph Coughlin, director of the MIT AgeLab, makes the case that people typically “look at retirement as leaving work, but we don't often think ahead of what else we might be leaving behind.” Coughlin emphasizes that retirees should not “forget to review your social portfolio’s retirement readiness and determine if you have saved and invested adequately in the social assets you will need in life after work.”

Writing for MarketWatch, Joseph Coughlin, director of the MIT AgeLab, examines how the revival of nuclear power could be beneficial for older workers with expertise in the industry. “The myth of older workers taking up space must end in every industry, but in a high-stakes sector such as nuclear power, older workers aren’t taking up space — they are a critical part of the future," writes Coughlin. 

Alumna Jessica Galica speaks with Boston Globe reporter Kara Baskin about women in the workforce, and how to create better work-life balance while also pursuing meaningful work. “In 2024, power is the freedom and flexibility to make choices that you want,” says Galica. “I do see women choosing to pause and choosing to downshift as a form of power — because they’re actively and intentionally making that choice. This is a way to exhibit that power, and to go after what you want.”

Prof. Simon Johnson, one of the recipients of the 2024 Nobel Prize in economics, speaks with Times Higher Education reporter Jack Grove about his journey from a childhood in Sheffield as the son of a screw manufacturer to studying for his PhD at MIT and serving as chief economist at the International Monetary Fund. Speaking about how to help ensure AI is used to benefit society and workers, Johnson explains: “Big tech doesn’t like us, but we need a plan for this, and the role of economists like us is to get ideas like this out there so they can be hammered out in the policy world.”

Writing for Forbes, Senior Lecturer Guadalupe Hayes-Mota SB '08, MS '16, MBA '16, shares five lessons for aspiring entrepreneurs. “Starting a business is not just about having a brilliant idea; it's about finding purpose, solving real problems and building the right team,” explains Hayes-Mota. 

Writing for The New York Times, Institute Prof. Daron Acemoglu explores the “three epochal changes poised to reshape the U.S. economy in coming years: an aging population, the rise of artificial intelligence and the rewiring of the global economy.” Acemoglu makes the case that “if handled correctly, these challenges could remake work and deliver much higher productivity, wages and opportunities — something the computer revolution promised and never fulfilled.” He adds: “If we mismanage the moment, they could make good, well-paying jobs scarcer and the economy less dynamic. Our decisions over the next five to 10 years will determine which path we take.”

Prof. Anna Stansbury speaks with Soumaya Keynes of the Financial Times podcast “The Economics Show” about her recent research on the class ceiling, which finds that an individual’s family circumstances can hold them back, even if they have earned a PhD. “We should care if people have opportunities to fulfill their talents for reasons of equity and justice. But the other is a very kind of banal economic reason, which is efficiency,” says Stansbury. “If you assume that talent for something is equally distributed, then we should care if people that are talented aren’t getting to fulfill that talent because it’s worse for overall productivity and overall outcomes.”

Writing for MarketWatch, Joseph Coughlin, director of the MIT AgeLab, emphasizes that the dockworker strike was “emblematic of broader shifts in the American workforce and the integration of technology in the workplace. As older generations retire and younger ones seek more flexible, technology-driven careers, traditional industries must adapt or be left behind.”

Prof. Yossi Sheffi speaks with Boston Globe reporter Hiawatha Bray about the challenges and risks posed by implementing automation, amid the dockworkers strike. Sheffi emphasized the importance of gradually introducing new technologies and offering workers training to work with AI. “There will be new jobs,” says Sheffi. “And we want the current workers to be able to get these new jobs.” 

Prof. Yossi Sheffi speaks with Associated Press reporter Cathy Bussewitz about how automation could impact the workforce, specifically dockworkers. “You cannot bet against the march of technology,” says Sheffi. “You cannot ban automation, because it will creep up in other places... The trick is to make it over time, not do it haphazardly.” 

Prof. David Autor speaks with Washington Post reporter Cat Zakrzewski about the anticipated impact of AI in various industries. “We are just learning how to use AI and what it's good for, and it will take a while to figure out how to use it really productively,” says Autor.