Ben Armstrong, executive director of the Industrial Performance Center, speaks with Financial Times reporter Michael Acton about the future of foreign semiconductor company investments in the United States. Armstrong notes that it could take some time to see returns from the CHIPS and Science Act. “You could say the chip boom hasn’t even started yet,” says Armstrong. “The real benefits in growth that could come from it are not likely to pay off until a few years from now.”
In an interview with Boston Public Radio, Prof. Jon Gruber explains the expected impact of incoming tariff proposals, reports Hannah Loss for GBH. “There is a growing consensus that economic nationalism is something worth taking seriously, in particular for sectors where we are very vulnerable to supply chains and where we have concerns that other countries might not trade fairly,” says Gruber.
Prof. Vipin Narang speaks with New York Times reporter David E. Sanger about the “use of nuclear weapons as the ultimate bargaining chip.” Narang explains: “A nuclear threshold is not determined by words, but by the deterrence balance and stakes, and changes to declaratory doctrine do not at all change the deterrence balance between the U.S., NATO and Russia.”
Prof. Charles Stewart III speaks with USA Today reporter Chris Brennan about misinformation surrounding the integrity of the election process in the U.S. "What we're seeing now are groups that are arising specifically to keep the controversy going and to make money on it and to try to expand the view," says Stewart.
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 the Financial Times, Prof. Fiona Murray highlights the importance of developing a new approach to capital gains tax increases. “By focusing on the underlying behaviors we want to incentivize, we can structure taxes more effectively,” explains Murray. “When we provide tax breaks to companies for spending on R&D, we do it to spur behavior we know is good for the overall health of the economy.”
Prof. Daron Acemoglu, a recipient of the 2024 Nobel Prize in economic sciences, speaks with CNBC about the challenges facing the American economy. Acemoglu notes that in his view the coming economic storm is really “both a challenge and an opportunity,” explains Acemoglu. “I talk about AI, I talk about aging, I talk about the remaking of globalization. All of these things are threats because they are big changes, but they’re also opportunities that we could use in order to make ourselves more productive, workers more productive, workers earn more. In fact, even reduce inequality, but the problem is that we’re not prepared for it.”
Graduate student Nouran Soliman speaks with NBC Boston about the use of “personhood credentials,” a new technique that can be used to verify online users as human beings to help combat issues such as fraud and misinformation. “We are trying to also think about ways of implementing a system that incorporates personal credentials in a decentralized way,” explains Soliman. “It's also important not to have the power in one place because that compromises democracy.”
Fast Company reporter Kristin Toussaint spotlights a new study by MIT researchers that examines the energy burden in the U.S., the percent of a household’s income spent on energy costs. The researchers found a disproportionate number of people in the South experiencing energy poverty. “As the climate warms, we’re going to need to use more and more energy on air-conditioning, and that’s going to increase the burden on low-income households,” explains Prof. Christopher Knittel.
A new commentary by Prof. Jonathan Gruber and his colleagues outlines a proposal for a new long-term care at home plan, aimed at enabling seniors to stay in their homes, reports Jonathan Cohn for HuffPost. “Relative to other countries, we’re very nursing home focused, and we’re not really doing enough to keep people at home,” says Gruber. “I also just think it’s a valuable benefit to people that makes their lives better.”
Sloan Visiting Senior Lecturer Paul McDonagh-Smith speaks with Joe McKendrick of Forbes about the ongoing discussions about AI safety guidelines. “While ensuring safety is crucial, especially for frontier AI models, there is also a need to strike a balance where AI is a catalyst for innovation without putting our organizations and broader society at risk,” explains McDonagh-Smith.
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.
Writing for Scientific American, MIT Prof. David Rand and University of Pennsylvania postdoctoral fellow Jennifer Allen highlight new challenges in the fight against misinformation. “Combating misbelief is much more complicated—and politically and ethically fraught—than reducing the spread of explicitly false content,” they write. “But this challenge must be bested if we want to solve the ‘misinformation’ problem.”
Los Angeles Times reporter Rosanna Xia spotlights Prof. Susan Solomon’s new book, “Solvable: How We Healed the Earth, and How We Can Do It Again,” as a hopeful remedy to climate anxiety. “An atmospheric chemist at MIT whose research was key to healing the giant gaping hole in our ozone layer, Solomon gives us much-needed inspiration — and some tangible ways forward,” explains Xia.
Writing for Project Syndicate, Research Scientist Christian Catalini contributes to a Project Syndicate opinion piece makes the case for implementing cryptocurrency regulation that favors “builders over speculators.” Catalini and his co-authors write: “At the end of the day, policymakers in Washington must come together and draft new rules, rather than trying to squeeze crypto use cases into laws from nearly a century ago. And the industry, for its part, needs to tackle the many problems that traditional financial services and crypto leaders have long ignored.” They add: “The upside, much like in the early days of the internet, is a technology that can restore competition to sectors that haven’t seen it in decades.”