MIT researchers have found that “when nudged to review LLM-generated outputs, humans are more likely to discover and fix errors,” reports Carter Busse for Forbes. The findings suggest that, “when given the chance to evaluate results from AI systems, users can greatly improve the quality of the outputs,” explains Busse. “The more information provided about the origins and accuracy of the results, the better the users are at detecting problems.”
Let’s Get Set, a company founded by Clare Herceg MBA '20 aims to tackle “financial challenges low-and moderate-wage households face,” reports Geri Stengel for Forbes. “Based on extensive user research, the company's innovative savings account allows borrowers to access emergency funds without falling into a debt trap,” writes Stengel. “This approach addresses a critical need highlighted by national data on financial shocks and inadequate savings.”
Prof. Simon Johnson and Prof. David Autor speak with New York Times reporter Emma Goldberg about the anticipated impact of AI on the job market. “We should be concerned about eliminating them,” says Prof. Simon Johnson, of the risks posed by automating jobs. “This is the hollowing out of the middle class.”
Bloomberg’s David Westin talks with Prof. Kristin Forbes at the Aspen Economic Strategy Group meetings focused on monetary and fiscal policy. Despite progress in the inflation fight, "we as economists forget that this price of a basket of goods matters to people. Things are more expensive," she says.
MIT graduate student Jerry Lu and University of Virginia Prof. Ken Ono are developing new techniques to help swimmers competing at the Paris Olympics glide through the water even faster, reports Davide Castelvecchi for Nature. Lu and Ono created 3D models of the athletes and then suggested “tiny changes that can shave off precious fractions of a second at every stroke."
Prof. Stuart Madnick’s research shows "data breaches increased 20% from 2022 to 2023 while the number of victims of such breaches worldwide doubled over the same period," reports Steven Smith for Forbes
Prof. John Sterman speaks with Guardian reporters Oliver Milman and Nina Lakhani about the expansion of fossil fuel developments in wealthy countries despite climate commitments. “The developed countries don’t show any significant efforts to limit drilling, but it’s not just them. Guyana and countries in south-east Asia are also aggressively seeking to expand exploitation activity. This is about national policy but it’s also being driven by the oil companies,” says Sterman. “We can’t keep going on this like.”
Prof. Stuart Madnick speaks with CNN reporter Allison Morrow about cybersecurity concerns stemming from the recent global technology outage. “There are organizations that we’re heavily dependent upon that we don’t even realize how dependent we are until they stop functioning,” says Madnick.
Forbes reporter Rodger Dean Duncan spotlights “The Skill Code: How to Save Human Ability in an Age of Intelligent Machines,” a new book by Research Affiliate Matt Bean SM '14, PhD '17. Duncan “explains Beane’s take on AI tools, collaboration and remote work, who suggests traditional mentoring is at risk in the workplace. Beane says today’s successful people have ‘discovered new tactics that others can use to get skills without throwing out the benefits of hybrid working arrangements.’”
Prof. Stuart Madnick speaks with Boston Globe reporter Hiawatha Bray about how the CrowdStrike update caused a global IT outage. Madnick “expects the hits to keep on coming because so many companies depend on certain IT vendors,” writes Bray. “This is happening more and more often, and the consequences are even larger and larger,” cautions Madnick.
A new working paper by Prof. Anna Stansbury and Research Associate Kyra Rodriguez looks at the “class gap” among US Ph.D.-holders in science, social science, engineering and health, reports Soumaya Keynes for the Financial Times. The paper found “those whose parents did not have a college degree are 13 per cent less likely to end up with tenure at a top university than those with more educated parents. They also tend to end up at lower-ranked institutions,” Keynes explains.
Writing for Fortune, Prof. Fiona Murray emphasizes the importance of strengthening transatlantic venture capital investments to strengthen ties among NATO members. “By investing in and adopting emerging dual-use technologies, NATO can leverage the private sector’s innovation power and its transatlantic talent pool, while countering our strategic competitors’ influence and ambitions,” Murray writes.
Prof. Michael Cusumano speaks with Associated Press reporters Matt O’Brien and Sarah Parvini about a new approach to AI acquisitions and the impact on smaller AI startups. “To acquire only some employees or the majority, but not all, license technology, leave the company functioning but not really competing, that’s a new twist,” says Cusumano.
Prof. of the practice Donald Sull speaks with Fortune reporter Lindsey Leake about the common misconceptions found in corporate company culture. “People often think that high performance is an excuse for abusive behavior—they confuse disrespectful and bullying behavior for maintaining high standards,” say Sull. “But it’s possible to set the bar for performance high without berating or bullying people. And to the extent these toxic managerial behaviors drive high performers out of the organization, the abusive behavior undermines performance.”
Prof. David Rand speaks with New York Times reporters Tiffany Hsu and Stuart A. Thompson about the challenges of stopping the spread of misinformation. “It seems like an easy enough problem: there’s the true stuff and there’s the false stuff, and if the platforms cared about it, they would just get rid of the false stuff,” says Rand. “Then we started working on it and it was like, ‘Oh God.’ It’s actually way more complicated.”