Prof. Nathan Wilmers and his colleague have used multiple measures of earnings to trace income inequality in the U.S., reports Tim Fernholz for Quartz. “After decades of increase since the 1980s, they found that income inequality peaked in 2012 and has held steady or perhaps even fallen since,” explains Fernholz.
Researchers from Sloan have released a survey “detailing how 600 board directors worldwide view the cyber threats facing their companies,” reports Sam Sabin for Axios. “Competing perceptions of the threat landscape could make it difficult for CISOs to get board members to support their plans for securing their organizations,” writes Sabin.
Joseph Coughlin, director of the MIT AgeLab, writes for Forbes about the three major risk factors to consider when planning where to live in retirement. “Retirement planning can’t control the weather,” writes Coughlin. “However, critically and realistically assessing our personal resilience and how to best prepare for the possible risks of where I live, is a critical element to thinking about how I will live in older age.”
In a letter to the editor of The New York Times, Michael Coden, associate director at MIT’s Interdisciplinary Consortium for Improving Critical Infrastructure Cybersecurity, underscores the importance of cyber-resilience rather than cyberprotection. “In contrast to cyberprotection, cyberresilience anticipates that a cyberattack will succeed. It has in place methods for rapid detection, cushioning the effects and quickly restoring systems to their pre-attack state,” writes Coden.
Forbes reporter Marija Butkovic spotlights Alicia Chong Rodriguez MS ’18, Founder and CEO of Bloomer Tech, for her work in building a cardiovascular disease and stroke database that can generate non-invasive digital biomarkers. “We envision a world where the future of AI in healthcare performs the best it can in women,” says Chong Rodriguez. “We also have created a digital biomarker pipeline where our digital biomarkers can explain, influence, and even improve health outcomes for women.”
At MIT’s AI Policy Forum Summit, which was focused on exploring the challenges facing the implementation of AI technologies across a variety of sectors, SEC Chair Gary Gensler and MIT Schwarzman College of Computing Dean Daniel Huttenlocher discussed the impact of AI on the world of finance. “If someone is relying on open-AI, that's a concentrated risk and a lot of fintech companies can build on top of it,” Gensler said. “Then you have a node that's every bit as systemically relevant as maybe a stock exchange."
Researchers at MIT have found that “Salet” is the best starting word for Wordle, reports Erik Kain for Forbes. “The algorithm that MIT used solved—on average—Wordle’s puzzles with just 3.421 guesses, which they determined was better than audio or crane,” writes Kain. “And salet performed 1% better than Wordle Bot’s recent best word, slate, despite having the same letters.”
MIT researchers have found that “Salet” is statistically the best starting word for Wordle, reports Nicolas Vega for CNBC. “If you play Salet and you play intelligently you can assuredly win the game within five guesses,” says graduate student Alexander Paskov. “You don’t even need that last guess.”
Researchers from MIT’s Research Laboratory for Electronics have developed a portable desalinator that can turn seawater into safe drinking water, reports Ian Mount for Fortune. Research scientist Jongyoon Han and graduate student Bruce Crawford have created Nona Technologies to commercialize the product, writes Mount.
Prof. Jonathan Parker and other researchers have found that Covid-19 relief payments have served as a form of insurance for families, reports Howard Schneider for Reuters. Although, “’the small short-term spending response and its pattern suggest that the (economic-impact payments) went to many people who did not need the additional funds,’” writes Schneider.
Prof. Emeritus Stuart Madnick and Keri Pearlson, executive director of Cybersecurity at MIT Sloan, write for The Wall Street Journal about the seven actions that corporate leaders can take to ensure that employees contribute to maintaining a secure organization. “New vulnerabilities emerge every day, as malicious cybersecurity actors find fresh ways to attack or infiltrate organizations. Technology can help, but it can only do so much,” write Madnick and Pearlson. “Just as important is a culture where all employees fill in the gaps—by noticing anomalies, questioning things that might look legitimate but are slightly off in some way, or stopping compromised processes that would otherwise proceed.”
Prof. Emeritus Stuart Madnick writes for The Wall Street Journal about the importance of transparency when companies are impacted by cyberattacks. “It has become clear that through laws and regulations, we need to increase the quantity, quality, and timeliness of cyberattack reporting,” writes Madnick. “Only by having more detailed information on who is getting attacked, how they are getting attacked and what is being stolen can everybody begin to arm themselves with the right defenses.”
Researchers from MIT are working with the Staten Island Performing Provider System to develop an algorithm that can predict who in the system is at risk for an opioid overdose, reports Maddie Bender for the Daily Beast. “In preliminary testing, Conte’s team and MIT Sloan researchers found their model was highly accurate at predicting overdoses and fatal overdoses, even with delays in the data of up to 180 days,” writes Bender.
Prof. Thomas Kochan writes for Fortune about how California’s new Fast Food Council can positively impact businesses, investors, employers, and workers. The council is “composed of industry, worker, and government representative to set minimum wage, safety, and employment and training standards for workers in large fast food chains and their franchises,” writes Kochan.
Writing for WBUR, Prof. Emeritus Thomas Kochan and Wilma Liebman, former chair of the National Labor Relations Board, explore the current rise in worker activism and how to rebalance the relationship between employees and management. “The challenge, as ever, is to translate successful organizing campaigns into successful negotiations, resulting in labor agreements that provide ongoing representation for workers,” they write.