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Professor David Thesmar said: "Economic studies find that AI can only replace a small percentage of the tasks performed by employees. That's because most of the work happens in the physical world, and humanoid robots aren't ready yet. The tasks replaceable by AI find themselves scattered across all jobs, which can paradoxically make employees more attractive for businesses." (Source: L'Express)

Professor Fiona E. Murray and co-author wrote: "When combined with committed leadership and an organizational willingness to cede governance control to a venture-building group, and to build internal coordination to capitalize on the emerging ventures, a studio can serve as an important dimension of your innovation strategy."

By switching retirement contributions to the account with the higher match rate, 1 in 5 couples could increase their savings by an estimated $750 per year according to research by assistant professor Taha Choukhmane and co-authors. Choukmane said the research aims to gauge whether couples coordinate their finances as a household or instead manage their money individually. "The absence of coordination can be a choice, but it's a costly choice," he said.

A study by assistant professor Chloe Xie and co-author suggested that generative AI is more likely to enhance accountants' productivity than eliminate them. Their findings indicate that professionals using AI tools can support more clients, close books faster, and improve service quality.

Institute Professor Daron Acemoglu wrote: "Regardless of what one thinks of current AI capabilities, there is little doubt that who controls AI in the future will have momentous implications for democracy, business, communication, and privacy. Many in the industry may interpret the Anthropic ban to mean that the US government, not the private sector, will control AI."

Global oil futures surged the most in four years Monday, rising as much as 14%. The price of crude accounts for about half of how much motorists pay at the pump. And when oil rises quickly, gasoline prices tend to follow suit. "It's the rockets and feathers effect," said professor Christopher Knittel, associate dean for climate and sustainability. "When things are going up — they go up fast."

Research scientist Christian Catalini said: "Not just Meta, but also Google, Apple, all of them will be using multiple providers, as is the case when they do disbursements of payments. I would expect the market to be commodified in the future, rather than a branded stablecoin. In a sense, it's a sign that the market has matured."

Professor Simon Johnson, Institute Professor Daron Acemoglu, and MIT professor David Autor joined a webinar to discuss their new paper "Building pro-worker AI." "We are not currently on the pro-worker AI path and that's unfortunate, it's regrettable, it's avoidable, and we're working hard to try and get us onto a much more pro-worker path," said Johnson.

Co-founded by Daryl Morey (MBA '00), the two-day conference has become a place where companies across the sports industry have found future employees among the MIT Sloan School of Management students that help plan and run it.

While burying power lines everywhere isn't feasible, there are still some places where the effort would be worth it, according to associate dean for climate and sustainability Christopher Knittel. " We don't have to necessarily move to a system where everything is underground," he said.  "What we really need is a more targeted approach, which is to identify the most critical lines in the network and do the cost-benefit test on undergrounding those."