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Fortune

Research fellow Michael Schrage speaks with Fortune reporter Sheryl Estrada about generative AI’s role in the digital economy.  “If you truly understand and structure your use cases for generative AI correctly, there’s much less risk associated with the investment,” says Schrage.

The Economist

A new working paper, co-authored by Prof. Jonathan Gruber, explores the impact of the New Co-operative Medical Scheme (NCMS), “a health-insurance plan for rural Chinese that was launched in 2003 and folded into a more comprehensive program in 2013,” reports The Economist. “Though it is perhaps best known for being stingy, the NCMS saved millions of lives,” writes The Economist.

Freakonomics Radio

Prof. Simon Johnson speaks with Freakonomics guest host Adam Davidson about his new book, economic history, and why new technologies impact people differently. “What do people creating technology, deploying technology— what exactly are they seeking to achieve? If they’re seeking to replace people, then that’s what they’re going to be doing,” says Johnson. “But if they’re seeking to make people individually more productive, more creative, enable them to design and carry out new tasks — let’s push the vision more in that direction. And that’s a naturally more inclusive version of the market economy. And I think we will get better outcomes for more people.”

The Hill

Writing for The Hill, Andre Zollinger, senior policy manager at J-PAL Global, makes the case that “current attention to air pollution can be transformational for how we tackle climate change. Policy leaders in the U.S. and abroad should seize this moment of reckoning over our common struggle for clean air as an opportunity to focus on policies that are known to curb air pollution and simultaneously combat climate change.”

Bloomberg

Prof. David Autor and his colleagues have documented China’s impact on manufacturing jobs in the U.S. after joining the World Trade Organization in 2001, an effect known as the China shock, reports Shawn Donnan for Bloomberg in an article about how manufacturing job losses impacted Rockingham County in North Carolina. “Declining populations of young workers, as well as lower pay, have persisted in Rockingham and other communities hardest hit by this China shock, the researchers found in a 2021 paper,” writes Donnan.

The New York Times

This past spring, Prof. J. Phillip Thompson and MIT lecturer Elisabeth Reynolds taught a class at MIT that sent students to work with local officials across the country to help identify available federal funds for climate change mitigation, reports Farah Stockman for The New York Times. “We have to figure out how to use it. Because if we don’t, wealthy communities will go green, and low-income communities will stay brown,” says Thompson. “Unless we do something intentionally to make sure that it is fair, it will bypass poor communities.”

CNBC

MIT Innovation Fellow Brian Deese speaks with CNBC host Andrew Ross Sorkin about the state of the U.S. economy and the impact of “Bidenomics,” President Joe Biden’s economic philosophy.

Reuters

Prof. Simon Johnson speaks with Reuters reporter Mark John about the impact of AI on the economy. “AI has got a lot of potential – but potential to go either way,” says Johnson. “We are at a fork in the road.”

Associated Press

Studies by researchers at MIT have found “that shifting to electric vehicles delivers a 30% to 50% reduction in greenhouse gas emissions over combustion vehicles,” reports Tom Krisher for Associated Press. According to Prof. Jessika Trancik, “electric vehicles are cleaner over their lifetimes, even after taking into account the pollution caused by the mining of metals for batteries,” writes Krisher.

The Hill

Prof. Emeritus Thomas Kochan writes for The Hill about the need for a new social contract that reflects the expectations of today’s workforce, including sizable wage increases due to inflation and a voice in the use of AI and generative technology. “Either labor and management negotiate a new social contract that is more responsive to what workers want and need today, or we will experience intensified conflicts that further divide our country,” writes Kochan.

The Economist

In a letter to the editor of The Economist, Prof. David Autor makes the case that while pursuing industrial policy has substantial risks, “forswearing industrial policy has equally many risks, especially when our chief economic and strategic competitors are currently using it to great effect.”

The Boston Globe

In an article for The Boston Globe, Prof. Emeritus Ernest Moniz explores the risks associated with the cesium-137 devices used in hospitals. “Boston hospitals have an opportunity to receive tens of thousands of dollars of grants toward the purchase of new equipment that is just as effective for medical and research purposes as the radiological devices they have been using for decades,” writes Moniz, “while shedding the liabilities and security costs associated with cesium sources.”

The New York Times

Writing for The New York Times, MIT Prof. Amy Finkelstein and Stanford Prof. Liran Einav note that health insurance coverage for the Americans "who are fortunate enough to have insurance is deeply flawed.” Finkelstein and Einav make the case that the solution to health insurance reform is “universal coverage that is automatic, free and basic.”

WCVB

Prof. Regina Barzilay speaks with Nicole Estephan of WCVB-TV’s Chronicle about her work developing new AI systems that could be used to help diagnose breast and lung cancer before the cancers are detectable to the human eye.