Prof. Daron Acemoglu speaks with Financial Times reporter Rana Foroohar about the impact of automation on the labor market. “It’s likely that the short- to midterm gains from AI will be distributed unequally, and will benefit capital more than labor,” says Acemoglu.
Prof. Daron Acemoglu highlights the economic and societal implications of integrating automation in the workforce, reports Taylor Nicole Rogers for The Financial Times. “Acemoglu says that robots’ current capabilities mean that those most at risk of being displaced are in blue-collar jobs and lack college degrees, which may make it difficult for them to shift into the high-tech roles likely to be created by automation,” writes Rogers.
New research by graduate student Aidan Toner-Rodgers looks at “what happened to the productivity of over a thousand scientists at an R&D lab of a large company after they got access to AI,” reports Greg Rosalsky for NPR’s Planet Money. “Toner-Rodgers found that ‘while the bottom third of scientists see little benefit, the output of top researchers nearly doubles,’” Rosalsky explains.
A new study co-authored by Prof. Emeritus Frank Levy that finds chatbot-style artificial intelligence could “fuel a reshaping of the population and labor market map of America,” writes Steve Lohr for The New York Times. Levy and his colleagues found that midsize cities in the Midwest, Mid-Atlantic and South are “well positioned to use AI to become more productive, helping to draw more people to those areas.”
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.”
A new study by researchers at MIT and elsewhere has found that “87% of people say employees in their organization are confused to a certain degree about where to turn for data and tech services and issues,” reports Rachel Curry for CNBC. “Most of the organizations whose leaders responded to the survey had multiple executive roles in the tech and data spaces,” explains Curry.
Prof. David Autor has been named a Senior Fellow in the Schmidt Sciences AI2050 Fellows program, and Profs. Sara Beery, Gabriele Farina, Marzyeh Ghassemi, and Yoon Kim have been named Early Career AI2050 Fellows, reports Michael T. Nietzel for Forbes. The AI2050 fellowships provide funding and resources, while challenging “researchers to imagine the year 2050, where AI has been extremely beneficial and to conduct research that helps society realize its most beneficial impacts,” explains Nietzel.
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.