MIT Sloan School of Management

Prof. Fiona Murray, the Associate Dean for Innovation and Inclusion at MIT Sloan, speaks with Boston Globe correspondent Scott Kirsner about her work with NATO on developing and launching new mechanisms to identify and invest in defense startups. Murray notes that the goal of the new NATO Innovation Fund is to “take the traditional VC model and adapt it to this extremely important mission and purpose — supporting defense, security, and the resilience agenda — in today’s very complex geopolitical world.”

Axios reporter Ina Fried spotlights a new report by Prof. Emeritus Stuart Madnick that finds “2.6 billion personal records have been exposed in data breaches over the past two years and that number continues to grow.” Additionally, Madnick found that” “Data breaches in the US through the first nine months of the year are already 20% higher than for all of 2022.”

Prof. Tavneet Suri speaks with NPR reporter Nurith Aizenman about her ongoing research studying the impact of universal basic income with GiveDirectly, a U.S. charity that provides villagers in Kenya with a universal basic income. Suri says her results thus far, “add to the evidence that many poor people are trapped in poverty by a lack of capital for precisely the kinds of transformative investments they would need to vault them into higher incomes.”

Prof. Tavneet Suri speaks with NPR hosts Ari Shapiro and Nurith Aizenman about her research with GiveDirectly a U.S. based charity that provides villages in Kenya with universal basic income. Suri’s work studies how the method of income delivery payments – monthly income or single lump sum payments – can impact communities. “We need to see if these effects last,” says Suri. “Does it just disappear, or was this enough to keep them going forever?” 

Alexander Bratianu-Badea SM '15 co-founded De-Ice, a startup creating a new and efficient way to thaw aircrafts, reports Kate Duffy for Bloomberg. Bratianu-Badea says, “De-Ice’s strips stick onto the plane with aerospace-grade, acrylic-based adhesive backing. During regulatory tests, the system was exposed to different temperatures, humidifies and chemicals. Even UV light and submersion in a heated oil bath couldn’t damage it.”

Writing for The Hill Prof. Emeritus Henry Jacoby highlights the importance of addressing climate change in discussions of government policy. “If the global emission reduction efforts falter, the ensuing damages to the most vulnerable will be especially dire,” says Jacoby. “The world is already plagued with failed nation-states unable to sustain their population while maintaining political stability. As the number of these nation-state failures increases, there will be hundreds of millions of environmental refugees and stateless people, taxing the available resources of the entire planet.”

New research by Prof. Tavneet Suri and Prof. Abhijit Banerjee explores how to most effectively direct cash to low-income households, reports Dylan Matthews for Vox.  Suri and Banerjee compare “three groups: short-term basic income recipients (who got the $20 payments for two years), long-term basic income recipients (who get the money for the full 12 years), and lump sum recipients, who got $500 all at once, or roughly the same amount as the short-term basic income group,” writes Matthews. “Suri and Banerjee found that the lump sum group earned more, started more businesses, and spent more on education than the monthly group.”

Writing for The Hill, Prof. Emeritus Henry Jacoby, former co-director of the MIT Joint Program on the Science and Policy of Global Change, and his colleagues make the case for a concerted scientific effort to better understand the risks posed by exceeding climate tipping points. “These risks are becoming more serious with every tenth of a degree of global warming,” they write. “Investment in a better understanding of tipping point risks might be the best investment humanity could now make in the effort to preserve a livable planet.”

Four faculty members from across MIT - Professors Song Han, Simon Johnson, Yoon Kim and Rosalind Picard - speak with Curiosity Stream about the opportunities and risks posed by the rapid advancements in the field of AI. “We do want to think about which human capabilities we treasure,” says Picard. She adds that during the Covid-19 pandemic, “we saw a lot of loss of people's ability to communicate with one another face-to-face when their world moved online. I think we need to be thoughtful and intentional about what we're building with the technology and whether it's diminishing who we are or enhancing it.”

Financial Times reporter Andrew Hill highlights “The Geek Way,” a new book by Principal Research Scientist Andrew McAfee that explores the success behind “geek” culture in companies. Hill notes that McAfee has, “pinpointed some important norms sustaining the world’s most admired, and fastest growing, organizations.”

Prof. Yet-Ming Chiang has been named to the TIME 100 Climate list, which highlights the world’s most influential climate leaders in business. “When it comes to cleantech, if it won’t scale, it doesn’t matter,” Chiang says. “This is a team sport—companies large and small, and governments state and federal, need to work together to get these new technologies out there where they can have impact.” 

Principal Research Scientist Andrew McAfee speaks with Bloomberg hosts Carol Massar and Tim Steinbeck about his new book “The Geek Way” and the future of artificial intelligence. “I personally am not worried about the existential, the alignment risks of AI,” says McAfee. “All very powerful tools bring risks and harm with them, and they demand vigilance. We have got to be careful about it. I don’t think AI is any big exception to that trend or requires us to do radically different things, we just have to be vigilant and stop the bad uses.”

MIT Sloan Lecturer Shira Springer speaks with WBUR host Robin Young about the future of women’s sports coverage. “It does require extra effort on the part of the fan to find coverage on the streaming platforms,” says Springer. “And that is a problem because what you are trying to do in women’s sports is convert casual fans to avid fans and maybe bring in people who simply were not aware of what women’s sports offers, and to do what you need to be easily discoverable.”

Prof. Tavneet Suri discusses GiveDirectly, the world’s largest universal basic income (UBI) program, which has been providing almost 5,000 people in Kenya with “a payment of about 75 cents (62p) a day since 2017,” reports Philippa Kelley for The Guardian. “We do see people leaving low wage jobs,” says Suri. “They are going and starting businesses, and the businesses are doing great because there’s money around.”

Writing for CNBC, Senior Lecturer Tara Swart explains how an unexpected financial windfall can impact the brain. Swart says there, “are three remarkable things that happen to your brain when you unexpectedly receive a large sum of money overnight,” a dopamine deluge, the five stages of grief and a shift in perspective and social dynamics.