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  • Media Highlights

  • Mind-blowing science startups are getting more funding, thanks to this female CEO
    Published: March 24, 2017
    Outlet: Inc.
    Swati Chaturvedi is the CEO and co-founder (along with Lisheng Wang) of Propel (x), a fast-growing online platform that connects angel investors with world-changing science and technology startups. Chaturvedi started the MIT Alumni Angel Investors group to fuel startups focused on solving big world problems like curing disease, growing more food for everyone, and making energy abundant for all.
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    Is taxing robots a possibility?
    Published: March 23, 2017
    Outlet: Bloomberg Technology TV (Video)
    MIT Sloan Professor Erik Brynjolfsson spoke about MIT's $1 million Inclusive Innovation Challenge, automation, and taxing robot workers: "I don't think taxing robots is really going at it the right way; robots create a lot of value...We want to encourage people to use robots in a more creative way, to create shared prosperity, and not just automate existing jobs" (start: 33:15).
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    Companies are pulling ads from YouTube to protect their brands
    Published: March 23, 2017
    Outlet: Marketplace (Audio)
    Multiple US companies are pulling their ads from YouTube over offensive material. AT&T, Verizon and Johnson & Johnson's decision follows other companies here and abroad that will stop advertising until Google can guarantee their ads won't run before videos containing hate speech. "I think this is a symbol of our times," says MIT Sloan Professor Sinan Aral.
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    How I used math to develop an algorithm to help treat diabetes
    Published: March 20, 2017
    Outlet: The Conversation (Opinion Piece)
    Dimitris Bertsimas, Professor of Applied Mathematics at MIT Sloan, writes: "When people ask me why I, an applied mathematician, study diabetes, I tell them that I am motivated for both scientific and human reasons..."
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    MIT-born ZyloTech launches customer-data technology
    Published: March 20, 2017
    Outlet: Boston Business Journal
    ZyloTech, formerly known as DataXylo, was founded in 2014 by Iqbal Kaur, a former director of analytics at Target, and CEO Abhi Yadav, a serial entrepreneur and MIT Sloan grad.
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    Competition from China reduced innovation in the US
    Published: March 20, 2017
    Outlet: VoxEU (UK) (Opinion Piece)
    David Autor, Ford Professor and Associate Head of the MIT Department of Economics, Pian Shu, MIT Sloan Visiting Scholar, and their co-authors examine the effects of Chinese import competition on innovation. While politicians' ‘obsession' with manufacturing is primarily due to job losses, an accompanying reduction in innovation may well affect economic growth in the longer term.
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    Uber president walks away after six months on the job
    Published: March 20, 2017
    Outlet: Marketplace (Audio)
    Uber has "grown so quickly in such a short amount of time that usually the initial management gets overwhelmemed," says Charles Kane, a senior lecturer at MIT Sloan.
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    How should you pay for financial advice?
    Published: March 19, 2017
    Outlet: The Wall Street Journal
    The Wall Street Journal invited three people to discuss the financial advice market: Antoinette Schoar, the Michael Koerner '49 Professor of Entrepreneurial Finance at MIT Sloan; Terrance Odean, Professor of Finance at UC Berkeley's Haas School of Business; and Micah Hauptman, a financial-services counsel at the Consumer Federation of America.
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    Six ways to become a better listener
    Published: March 17, 2017
    Outlet: Fast Company
    “It's really hard to walk into a conversation without my agenda being written on my forehead and your agenda written on yours,” says Hal Gregersen, executive director of the MIT Leadership Center. “Unfortunately with the hectic, chaotic, complicated pace of work life today, people are even more committed to getting their own agenda accomplished.”
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    Qué países tienen más robots en sus fábricas y cuán cierto es que nos están robando los puestos de trabajo
    Published: March 17, 2017
    Outlet: BBC Mundo
    Tras muchos años de investigación, Erik Brynjolfsson, académico del Instituto Tecnológico de Massachusetts y coautor del best seller "La segunda era de la máquina," ha concluido que en países tecnológicamente avanzados como EE.UU. el implacable avance de la inteligencia artificial ha destruido más puestos de trabajo que los que ha creado.
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    The start-up nation's lessons for international entrepreneurs
    Published: March 16, 2017
    Outlet: Ynet (Israel) (Opinion Piece)
    Ken Zolot is a senior lecturer at MIT's Office of Digital Learning and the founder of the Innovation Teams Initiative at MIT's Deshpande Center for Technological Innovation. In this op-ed, he writes about the collaboration between MIT students and Israeli companies through MIT's Israel Lab.
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    The graveyard of empires and big data
    Published: March 15, 2017
    Outlet: Foreign Policy
    In 2009, a team from MIT won $40,000 cash prize from DARPA for being the first to locate 10 red weather balloons by incentivizing crowd-sourced reconnaissance on social media. They beat the competitors by using a sliding scale of financial incentives that rewarded not just those who spotted balloons, but those who recruited others who successfully spotted balloons. Alex “Sandy” Pentland, an MIT computer science professor who headed the winning team, called the task “trivial.”
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    The conditions for entrepreneurship
    Published: March 15, 2017
    Outlet: BFM 89.9 (Malaysia) (Audio)
    While it seems that entrepreneurs tend to have an admirable penchant for risk, it's usually that access to money which allows them to take risks. Umapagan Ampikaipakan speaks to Scott Stern--the David Sarnoff Professor of Management at MIT Sloan--to find out if this is true.
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    Virtual reality service for elders wins grand prize at Sloan Healthcare and BioInnovation Conference
    Published: March 14, 2017
    Outlet: MedTech Boston
    Earlier this month at the student-run Sloan Healthcare and BioInnovation Conference pitch competition, eight teams consisting of at least one student from MIT, Boston University, Harvard, or Tufts, vied for a $25,000 grand prize by pitching their technological alternatives to costly health solutions.
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    U.S. News & World Report unveils the 2018 best graduate schools
    Published: March 14, 2017
    Outlet: U.S. News & World Report
    U.S. News & World Report released the 2018 Best Graduate Schools. In the full-time MBA rankings, MIT Sloan and the Kellogg School of Management at Northwestern University tie at No. 4.
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    The world's most powerful women: A dissenter departs
    Published: March 14, 2017
    Outlet: Fortune
    MIT Sloan Professor and potential Federal Reserve candidate Kristin Forbes will leave her post as external member of the Bank of England's Monetary Policy Committee at the end of June to return to the university. Forbes distinguished herself as a ‘rebel voice' on the committee, where she often dissented from the consensus. For instance, she opposed elements of the 2016 stimulus package and suggested the U.K. may need a rate increase in the aftermath of the Brexit vote.
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    The most underrated skill in management
    Published: March 13, 2017
    Outlet: MIT Sloan Management Review (Opinion Piece)
    There are few management skills more powerful than the discipline of clearly articulating the problem you seek to solve before jumping into action, according to MIT Sloan's Professor Nelson P. Repenning and Senior Lecturer Don Kieffer, and their co-writer Todd Astor.
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    HR data analytics can lay the groundwork for workforce improvements
    Published: March 13, 2017
    Outlet: TechTarget
    Emilio J. Castilla, NTU Professor of Management at MIT Sloan and the head of the Work and Organization Studies Group at MIT Sloan, has served as both a researcher and a consultant to companies on managing talent and implementing people analytics successfully.
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    Delhi residents can now order farm produce using WhatsApp
    Published: March 13, 2017
    Outlet: PSFK
    The company, which started as a class project at MIT Sloan, offers farm-to-fridge products in under 14 hours, allowing shoppers to use the popular messenger app to place orders and send delivery instructions. Customers can choose from a variety of fresh fruits, vegetables, herbs and seasonings that can be purchased in half kilogram or kilogram units. The produce comes from villages outside New Delhi, allowing for the speedy delivery.
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    Starting a career in tech after your MBA
    Published: March 12, 2017
    Outlet: Beat The GMAT
    CIO ranked the Top 10 Technology MBA Programs in America. We've briefly outlined the list below. MIT Sloan, at number 1, offers courses such as "Fundamentals of Digital Business Strategy" as well as "Generating Business Value in IT."
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    MIT's Athanasios says ECB monetary policy is 'too tight'
    Published: March 10, 2017
    Outlet: Bloomberg (Video)
    MIT Sloan Prof. Athanasios Orphanides, a former member of the Governing Council of the European Central Bank, discusses with “Bloomberg Markets: European Close" whether ECB policy makers could raise interest rates before quantitative easing ends and banking problems in the euro area.
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    If your colleagues are mostly men or mostly women, that's not good
    Published: March 10, 2017
    Outlet: USA Today
    “In principle, it makes good sense,'' says Lotte Bailyn, professor of management emerita at MIT Sloan, noting that when numbers are fairly equal, team members can benefit from the advantage of diverse outlooks without feeling the discomfort that can come with being in the minority.
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    Forty under 40: Heidi Zak, ThirdLove
    Published: March 9, 2017
    Outlet: San Francisco Business Times
    Heidi Zak, CEO of ThirdLove, holds an MBA from MIT Sloan. Previously a marketing manager at Google and a director at clothing brand Aeropostale, Zak founded ThirdLove after finding herself dissatisfied with the lingerie-buying experience. The company's mobile application allows for easy bra-sizing using patented computer vision technology to analyze body size.
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    Stephen Ross, economist who developed arbitrage pricing theory, dies at 73
    Published: March 9, 2017
    Outlet: The New York Times
    Stephen A. Ross, a seminal theorist whose work over three decades reshaped the field of financial economics, died on March 3 at his home in Old Lyme, CT. He was 73. The cause was sudden cardiac arrest, his wife, Carol Ross, said. Ross, who taught at MIT Sloan, was perhaps best known for developing what is called the arbitrage pricing theory.
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    Ten women from the class of 2018 to watch
    Published: March 8, 2017
    Outlet: Poets & Quants
    MIT Sloan's Kate Hanford personifies impact. Describing herself as someone “obsessed with finding ways to make big ideas happen,” Hanford set off to Uganda to do just that. Here, her team built an accelerator that nurtured 21 companies — with 20 still in operation after two years.
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    These changes to quarterly reports would benefit companies and investors
    Published: March 8, 2017
    Outlet: MarketWatch (Opinion Piece)
    This article is based on a study supported by the CFA Research Foundation. Robert Pozen is a senior lecturer at MIT Sloan; Suresh Nallareddy is an assistant professor at Fuqua School of Business; Shivaram Rajgopal is Kester and Bynes professor of accounting at Columbia Business School.
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    How Nigerian executives can navigate headwinds in challenging times
    Published: March 8, 2017
    Outlet: This Day (Nigeria)
    In this interview, world renowned academic and Head of the Managerial Communication Group at MIT Sloan, Professor Neal Hartman, speaks on how, in partnership with These Executive Minds, he is enhancing Nigerian executives' leadership performance in a recession.
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    Restore American democracy--mobilize your national network
    Published: March 7, 2017
    Outlet: Bill Moyers (Opinion Piece)
    "We can break the grip of powerful individuals on Congress and restore democracy of, by and for the people. But if we want to win, you and I must mobilize. A new approach, FiftyNifty.org, makes this not just possible, but actually easy," writes MIT Sloan Prof. Simon Johnson.
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    Hacer, fallar, mejorar
    Published: March 7, 2017
    Outlet: La Revista (Ecuador)
    Lee Ullmann, director de la Oficina de Asuntos para América Latina del Instituto Tecnológico de Massachusetts (MIT), estuvo en Guayaquil el 23 de febrero con el auspicio de Schlumberger del Ecuador y gracias al apoyo de la Embajada de EE.UU., a través del programa Education USA, y de Nelson Baldeón, representante del MIT en el país.
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    Reflections from the 2017 MIT Sports Analytics Conference
    Published: March 7, 2017
    Outlet: Forbes
    Though the feeling in my toes hasn't come back after a blistery cold weekend in Boston, the 2017 MIT Sloan Sports Analytics Conference - unlike the weather - certainly did not disappoint. First, I would encourage any Sports Business/Management program in the country to send your students and academic coordinators to this event. The combination of knowledge, presentations, and networking opportunities is off-the-charts, and a must for programs who wish to be taken seriously in the Sports Business space.
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    Stephen A. Ross, lauded economist who taught at MIT, dies at 73
    Published: March 6, 2017
    Outlet: Bloomberg
    Stephen A. Ross, a prize-winning professor at MIT whose work in the field of financial economics provided powerful contributions to both investment management and academic research, has died. He was 73. Ross was the Franco Modigliani professor of financial economics at MIT and taught finance at Sloan. “Steve Ross will be remembered as an intellectual giant,” David Schmittlein, MIT Sloan's dean, said. “It is difficult to imagine the discipline of modern finance without Steve's contributions.”
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    Why Digital Transformations Are Hard
    Published: March 6, 2017
    Outlet: The Wall Street Journal (Video)
    Jason Dean, WSJ global technology editor, discussed the challenges of changing a company's IT infrastructure with Bernard Tyson, chairman and CEO of Kaiser Permanente, the big health-care provider based in Oakland, CA., and Jeanne Ross, a principal research scientist at the MIT Sloan Center for Information Systems Research (CISR).
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    Paalak.in secures seed funding, Bitcoin gets a self-appointed regulator
    Published: March 5, 2017
    Outlet: Bloomberg Quint
    Paalak.in, a unit of VDSS Agri Tech Pvt. Ltd., was founded by two MIT Sloan Alumni Swapnil Tripathi and Vishal Salgotra in August 2016. It has around 450 farmers in its network.
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    These MIT grad students are fighting climate change with virtual reality
    Published: March 3, 2017
    Outlet: We See Genius
    MIT students have launched a project, Before It's Too Late, that involves the use of interactive virtual reality simulations to activate new allies in the climate change clash. It's a movement that “emerged around a frustration that not enough is happening and that this issue is very urgent and large,” says co-founder Linda Cheung, a second-year MBA student at MIT Sloan.
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    Leveling the playing field
    Published: March 3, 2017
    Outlet: Fast Company
    From the start, Silicon Valley's diversity problem wasn't just apparent to Stephanie Lampkin—it was personal. After graduating from Stanford's engineering program in 2006, she embarked on a career in tech and immediately realized that, as an African American, she was a rarity. It's a distinction that has stubbornly remained over the last decade. At MIT Sloan, Lampkin earned an MBA with a concentration in entrepreneurship and innovation.
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    Just the facts: Information access can shrink political divide
    Published: March 3, 2017
    Outlet: The Hill (Opinion Piece)
    Erik Duhaime is a PhD student and Evan Apfelbaum is an associate professor, both in the Work and Organization Studies Department at MIT Sloan. They are coauthors of the paper, “Can Information Decrease Political Polarization? Evidence from the U.S. Taxpayer Receipt,” which was published this month in Social Psychological and Personality Science.
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    Artificial intelligence, the tech revolution and the future of consulting
    Published: March 2, 2017
    Outlet: CIO
    Consultants need to offer value that exceeds what technology will soon be able to do by itself. Those forces will upend the hiring process at the nation's top business schools, save the MIT Sloan School of Management, which already emphasizes the importance of these phenomena.
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    The customer-inventor revolution
    Published: March 2, 2017
    Outlet: MIT Sloan Management Review
    “Historically, we've assumed that producers are the innovators,” said Eric von Hippel, professor of technological innovation at MIT Sloan, in a recent radio interview about how invention is getting reinvented. “But when you look at innovations consistently, users are first. Users are the pioneers. And there's a very important reason for that: Producers want to know that a lot of people will buy whatever it is. Users have their own need, and simply care that their need is served.”
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    Being quiet is part of being a good CEO
    Published: March 2, 2017
    Outlet: The Atlantic
    Hal Gregersen, the executive director of MIT's Leadership Center, has been researching whether corporate leaders are too comfortable once they get to the top. Gregersen interviewed more than 200 senior business executives—including Elon Musk of Tesla, Ed Catmull of Pixar, Sara Blakely of Spanx, and Marc Benioff of Salesforce—on how leaders become insulated from information they need, and why that can lead to a plethora of unexpected problems.
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    Trump's deregulation of banks will unleash the financial fire next time
    Published: March 1, 2017
    Outlet: MarketWatch (Source: Project Syndicate) (Opinion Piece)
    Simon Johnson, a former chief economist of the IMF, is a professor at MIT Sloan, a senior fellow at the Peterson Institute for International Economics, and co-founder of a leading economics blog, The Baseline Scenario. He is the co-author of "White House Burning: The Founding Fathers, Our National Debt, and Why It Matters to You."
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    MIT Professor wins Bernstein Fabozzi/Jacobs Levy Awards
    Published: March 1, 2017
    Outlet: Pensions & Investments
    Andrew W. Lo of MIT was named winner of the top $2,500 prize in the Bernstein Fabozzi/Jacobs Levy Awards. Lo, a professor of finance at Sloan and director of the MIT Laboratory for Financial Engineering, was honored for his article “What is an Index?” The winners were selected by subscribers who voted for the best papers published in the journal and its special QES issue in 2016.
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    How to thrive - and survive - in a world of AI disruption
    Published: March 1, 2017
    Outlet: MIT Sloan Management Review (Opinion Piece)
    Erik Brynjolfsson, the Schussel Family Professor of Management Science at MIT Sloan and Director of the MIT Initiative on the Digital Economy, writes: "The pace of progress in AI and machine learning is accelerating rapidly. In the past month alone, these are just a few of the news items I've seen."
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    Even with hard Brexit, UK Asset managers can still serve the EU
    Published: March 1, 2017
    Outlet: RealClearMarkets (Opinion Piece)
    Robert Pozen is the former chairman of MFS Investment Management, a senior lecturer at MIT Sloan and a Non-Resident Senior Fellow at the Brookings Institution.
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    Forget the EpiPen, this new device detects allergies in minutes
    Published: February 28, 2017
    Outlet: CNBC (Video)
    Nima — developed by Shireen Yates, who is allergic to gluten, soy, dairy and egg; and her former MIT classmate, Scott Sundvor, who avoids gluten due to his ulcerative colitis — is a transportable food-allergy detector, which in its first iteration can expose gluten content in food.
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    IoT maturity: Bridging the gap between devices and value
    Published: February 27, 2017
    Outlet: MIT Sloan Management Review (Opinion Piece)
    Stephanie L. Woerner, of the MIT Sloan Center for Information Systems Research (CISR), agrees that “the ability to link IoT data with mobile apps and real-time analytics to drive faster decision making and boost revenues” is the IoT “sweet spot,” but when it comes to IoT success, she emphasizes the importance of organizational and executive buy-in, particularly from those in the CIO role.
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    Amazon, Google, Salesforce and leading roboticists on the golden age of AI
    Published: February 27, 2017
    Outlet: Forbes
    The 11th annual MIT Tech Conference, a student-led event organized by the MIT Sloan Tech Club, had “exponential technologies” as its theme this year. Here's what Forbes contributor Gil Press learned from the event's morning sessions which covered artificial intelligence, robotics, quantum computing and biotechnology.
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    Not your parents' office water cooler
    Published: February 26, 2017
    Outlet: Poets & Quants
    Frank Lee says he chose MIT Sloan, where he ended up rooming with Sean Grundy, because of its “friendlier culture that emphasized entrepreneurship.” Grundy and Lee were working on two different sustainability-focused entrepreneurship projects when Grundy met Eliza Becton through mutual friends.
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    Four ways CEOs can conquer short-termism
    Published: February 24, 2017
    Outlet: Harvard Business Review (Opinion Piece)
    Kate Isaacs holds a PhD in Organization Studies from MIT Sloan. She and her co-authors write: "In a recent survey, 70% of respondents said that CEOs focus too much on short-term financial results, and nearly 60% said that they don't focus enough on positive long-term impact. These findings mirror the growing chorus of voices in business and academia that point to short-termism as being a major threat to business."
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    Why Travis Kalanick's apology at Uber is not enough
    Published: February 24, 2017
    Outlet: Fortune (Opinion Piece)
    Neal Hartman, Senior Lecturer in Managerial Communication at MIT Sloan, writes: "Uber is the latest of many companies to run the gauntlet of public outrage after a former employee, Susan Fowler, published a blog last Sunday detailing allegations of sexual harassment."
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    To get ahead, corporate America must account for climate change
    Published: February 24, 2017
    Outlet: The Hill (Opinion Piece)
    John Reilly, senior lecturer at MIT Sloan and co-director of the Joint Program on the Science and Policy of Global Change, Center for Energy and Environmental Policy Research, writes: "Scott Pruitt's confirmation last week as chief of the Environmental Protection Agency was a setback for environmentalists..."
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    The Paris Agreement is bigger than Trump...isn't it?
    Published: February 22, 2017
    Outlet: CNN
    While it's unclear if the United States alone could upset the Paris goals in a single presidential term, "there is no chance of limiting warming to no more than 2 degrees Celsius unless US emissions fall much more than our Paris pledge calls for, along with similar cuts for all other nations," said John Sterman, a professor at MIT Sloan.
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    How today's visa restrictions might impact tomorrow's America
    Published: February 21, 2017
    Outlet: The Washington Post
    “Our undergrads are predominantly U.S.-born but frequently come from families who are first-generation. But our master's and PhD programs are extremely global in nature,” said MIT's Fiona E. Murray, associate dean for innovation, professor of entrepreneurship and co-director of the MIT Innovation Initiative.
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    Using AI and EQ to build emotional connections with customers at scale – Interview with Joshua Feast of Cogito
    Published: February 21, 2017
    Outlet: Customer Think (Audio)
    Joshua Feast is co-founder and CEO of MIT-spinoff Cogito Corp., which has created a technology that is helping customer service reps have better conversations and build stronger rapport with customers. He holds an MBA from MIT Sloan.
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    Bursting the CEO bubble
    Published: February 21, 2017
    Outlet: Harvard Business Review (Opinion Piece)
    Hal Gregerson is the executive director of the MIT Leadership Center, a senior lecturer in leadership and innovation at MIT Sloan and the founder of the 4-24 Project. He writes: "When you're the CEO of a large organization—or even a small one—your greatest responsibility is to recognize whether it requires a major change in direction."
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    MBAs in space: Rocket science absorbs business school thinking
    Published: February 20, 2017
    Outlet: Financial Times
    At MIT Sloan, the Leaders for Global Operations programme enables students to work towards an engineering degree at the same time as an MBA. “I'm trying to get more technical and business education to transition into the space industry,” says Barret Schlegelmilch, a former submarine officer in the US Navy, who is pursuing an MBA at the same time as a masters of science in astronautical and space engineering.
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    Trump's tax reform looks like just another of his many tweets
    Published: February 18, 2017
    Outlet: MarketWatch (Opinion Piece)
    Robert Pozen, a senior lecturer at MIT Sloan, writes: "Although Donald Trump claims that his forthcoming tax plan will be 'phenomenal,' he is in truth not likely to propose something really new."
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    MIT's Orphanides finds ECB constrained by politics
    Published: February 17, 2017
    Outlet: Bloomberg Surveillance (Video)
    MIT Sloan School Professor Athanasios Orphanides talks about political constraints on the European Central Bank in their bond purchasing program. He speaks with Bloomberg's Guy Johnson on "Bloomberg Surveillance."
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    Uber, Lyft addressing concerns of racial discrimination
    Published: February 16, 2017
    Outlet: NBC Boston
    Several months after a local MIT professor uncovered how Uber and Lyft are discriminating against some riders, both companies are now working to prevent the problem. "Both companies, to their credit, reached out to us right away, and we have been having ongoing conversations to think of ways to reduce discrimination," said Professor Christopher Knittel of MIT, one of authors of the study.
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    The wisdom of even wiser crowds
    Published: February 16, 2017
    Outlet: The Wall Street Journal
    Now researchers at MIT and Princeton have found a way to tap into the insight of the expert minority within a crowd—a minority whose views would otherwise be swamped in a simple majority vote or poll. The technique works, says Drazen Prelec, one of the MIT scientists, because people with more knowledge than most recognize the likely position of the majority, and both groups join in predicting a low vote in favor of the minority answer.
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    With "Go," Amazon identifies another job it can do better
    Published: February 15, 2017
    Outlet: Xconomy (Opinion Piece)
    Lou Shipley is a lecturer at the Martin Trust Center for MIT Entrepreneurship at MIT Sloan. He writes: "Early last year, I 'fired' talk radio along with NPR's morning and evening editions. That same day, I 'hired' Amazon Audible as my commute companion."
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    What Trump should do now that Andy Puzder withdrew his nomination for Secretary of Labor
    Published: February 15, 2017
    Outlet: Fortune (Opinion Piece)
    Thomas A. Kochan is a professor of industrial relations, work and employment at MIT Sloan, where he has been a faculty member since 1980. He writes: "Now that President Trump's pick for Secretary of Labor, CKE Restaurants CEO Andy Puzder, has withdrawn his nomination for U.S. Secretary of Labor, America will avoid, at least for the moment, a highly divisive debate over the future of U.S. employment and labor policy. This gives President Trump an opportunity to reconsider the type of person he wants to carry out his agenda."
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    MIT professor working with Uber to address racial bias
    Published: February 15, 2017
    Outlet: The Boston Globe
    MIT Sloan Professor Christopher Knittel, who led a 2016 study that found Boston Uber passengers with black-sounding names were more likely to have rides cancelled than those with white-sounding names, said his team is working with Uber to investigate the issue. Both Uber and its rival, Lyft, got in touch with Knittel and his fellow researchers shortly after they published the study last fall, Knittel said.
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    A new angel investing platform connects deep technology and science startups with capital
    Published: February 13, 2017
    Outlet: Forbes
    Swati Chaturvedi was a burgeoning angel investor in 2012 and looking to use her capital to make a dent on the universe, but was disappointed by the deals she was seeing through her network and the various angel groups she joined.
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    Will mobile payments alleviate poverty and empower women in India?
    Published: February 13, 2017
    Outlet: Sakal Times (India)
    Economist Tavneet Suri, an associate professor at MIT Sloan, co-authored the paper with William Jack, an economist at Georgetown University. The study concluded that since 2008, access to mobile-money services increased daily per capita consumption (total money spent by the individual and household) levels of 1,94,000 or 2 per cent of Kenyan households, lifting them out of extreme poverty, which means living on less than $1.25 per day.
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    Small US company bucks a trend, adding manufacturing jobs
    Published: February 13, 2017
    Outlet: Voice of America (Video)
    MIT Professor Tom Kochan says automation and international trade has cut one-third of US manufacturing jobs since 1980. He says American employers mistakenly think of labor only as a cost to be minimized, not an asset. MIT research scientist Andrew McAfee says the US education system is turning out workers with the skills "we needed 50 years ago." He says a more modern approach is needed to boost productivity and prosperity.
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    Six key issues millennials should consider before diving into a family business
    Published: February 13, 2017
    Outlet: Forbes (Opinion Piece)
    MIT Senior Lecturer Peter Kurzina has 32 years of experience as a crisis management expert. He writes: "How do you decide whether to join a family business? The next generation should consider six key issues before diving in."
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    Trump's immigration ban is terrible for entrepreneurs
    Published: February 10, 2017
    Outlet: TechCrunch (Opinion Piece)
    Samia Bahsoun writes: "I'm an immigrant of Lebanese Muslim descent. I'm also a telecom infrastructure expert, entrepreneur, and the founder and CEO of Capwave Technologies, based out of Asbury Park, New Jersey. Before launching Capwave, I helped restructure and launch several telecom startups and served as a strategic adviser to Fortune 500 companies. I hold a graduate degree in electrical engineering, and am currently enrolled in MIT's Executive MBA program."
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    Conversations that change the world
    Published: February 8, 2017
    Outlet: Strategy + Business (Opinion Piece)
    William Isaacs is a senior lecturer at MIT Sloan and founder and president of Dialogos, a leadership consulting and strategy development firm based in Cambridge. He is the author of Dialogue and the Art of Thinking Together.
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    Brexit will leave Britons more than $4,000 poorer, says MIT professor
    Published: February 8, 2017
    Outlet: CNBC
    Britons' incomes could be slashed by as much as 9.5 percent once the U.K. formally leaves the European Union, a new study released today by MIT economics professor John Van Reenen has claimed.
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    MIT's Van Reenen: Brexit part of global populist uprising
    Published: February 8, 2017
    Outlet: Bloomberg Surveillance (Video)
    MIT Professor of Applied Economics John Van Reenen and Columbia University Professor Jeffrey Sachs discuss Brexit's place in the global uprising of populism and how the US and UK can approach income inequality.
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    Brexit may cause U.K. output to fall 9.5%, MIT study shows
    Published: February 8, 2017
    Outlet: Bloomberg Politics (Video)
    Calculations using models that incorporate productivity measures show a negative impact on gross domestic product per capita of almost four times that of previous estimates, according to John Van Reenen, a professor of applied economics at MIT Sloan who supported the campaign for the UK to remain in the EU.
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    Online prices cheaper than in store? Not so fast, MIT researcher finds
    Published: February 7, 2017
    Outlet: The Boston Globe
    “One thing this taught me is that I don't have to worry when I walk into a store, I don't have to check the price,” said Alberto Cavallo, a professor of information technology and applied economics at MIT who conducted the study. Part of the Billion Prices Project at MIT that tracks inflation, the study, which was published in the American Economic Review, is the first large-scale comparison of online and in-store prices, according to Cavallo.
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    Hazhir Rahmandad: Applying system dynamics to social challenges
    Published: February 6, 2017
    Outlet: The Huffington Post
    With the goal of harnessing the untapped potential of Iranian-Americans, and to build the capacity of the Iranian diaspora in effecting positive change in the US and around the world, the Iranian Americans' Contributions Project (IACP) has launched a series of interviews that explore the backgrounds of prominent Iranian-Americans. Hazhir Rahmandad is the Albert and Jeanne Clear Career Development Professor and an Associate Professor of System Dynamics at MIT Sloan. His research applies dynamic modeling to complex organizational problems.
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    Fifteen free online courses for entrepreneurs
    Published: February 6, 2017
    Outlet: Practical eCommerce (Video)
    Bill Aulet, author and senior lecturer at MIT Sloan, talks about his 24-step process to launching a successful startup, providing a glance at what students at MIT are learning about entrepreneurship and innovation.
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    Online shopping prices are actually basically the same as in-store prices
    Published: February 6, 2017
    Outlet: Fast Company
    Drugs are only priced the same online 38% of the time. This, says study author and MIT professor of information technology and management Alberto Cavallo, is down to exploiting desperation—also known as supply and demand.
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    Why big pharma should think twice about working with Trump
    Published: February 6, 2017
    Outlet: Fortune (Opinion Piece)
    Pierre Azoulay is a professor at MIT Sloan. He writes: "President Donald Trump has demanded that pharmaceutical companies cut drug prices in return for fewer regulations. As a matter of economics, this plan makes no sense. Politically, however, it might just work. But traditional critics of the industry should think long and hard about whether going along with the president out of fear of his wrath is a cause for celebration..."
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    Money management 101 from four Boston experts
    Published: February 5, 2017
    Outlet: Boston Magazine
    Robert Pozen, senior lecturer at MIT Sloan, advises: “The basics are so clear. Figure out what your cash flow is—that will be affected by mortgage, food budget, transportation, insurance, and school tuition. For a family making $200,000 in Boston, there's not going to be a hell of a lot left after those expenses. If you're in a company that matches your 401(k), you're silly not to take advantage of that, and if you have kids that are going to go to college, you should be in a 529 program. Lastly, buy term-life insurance...”
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    Chinese officials use hotlines to take the public's pulse
    Published: February 4, 2017
    Outlet: The Economist
    Diana Fu of the University of Toronto and Greg Distelhorst of MIT have trawled through over 8,000 letters and e-mails sent to mayors' offices in nearly 300 cities. They found that environmental problems headed the list of concerns. Four of the top 15 involved various kinds of dispute over property.
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    Robots might eat your job, but being human could get you a new one
    Published: February 3, 2017
    Outlet: Xconomy
    MIT Professor Erik Brynjolfsson is the director of the MIT Initiative on the Digital Economy and a co-author of the book “The Second Machine Age.” On Thursday, he gave a talk entitled “Will Robots Eat Your Job?” at LearnLaunch's “Across Boundaries,” an annual educational technology conference in Boston.
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    A crowdsourced database provides a glimpse of what traveling from Iran to the US is like right now
    Published: February 2, 2017
    Outlet: Public Radio International (Source: Global Voices)
    In the first four days after the executive order was signed, more than a 110 Iranian US green card holders, valid student and travel visa holders, and dual-nationals of countries such as Canada, faced challenges entering the US, according to a database of entries, detentions and deportations started by engineering professor Hazhir Rahmandad. He has asked travelers who have entered, or tried to enter the US this week, to share their stories via an online form. Many of the applicants to the graduate program in systems dynamic at MIT Sloan School of Management, where Rahmandan is a professor, are from Iran.
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    When the government writes checks, where does the money come from?
    Published: February 1, 2017
    Outlet: PBS (Video)
    "The Federal Reserve insists, absolutely categorically, 'We do not print money. That's the U.S. Mint that prints money.' But, of course, the Fed issues money. It's a great deal, right? Instead of having to print it on a printing press, you just do it digitally. It doesn't actually cost you anything, hardly anything to issue these new digits, these new bits of code on a computer somewhere," says MIT Sloan economist Simon Johnson. (Start: 3:50; End: 4:15 and Start: 9:25; End: 9:45)
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    Why Bill Belichick cast down his tablet
    Published: February 1, 2017
    Outlet: The Conversation (Opinion Piece)
    John Carrier is a Senior Lecturer of System Dynamics at MIT Sloan. He writes, "As the New England Patriots' 10th appearance in a Super Bowl approaches, sports fans are eager to see the legendary pairing of quarterback Tom Brady and head coach Bill Belichick take on the Atlanta Falcons. Whatever the Patriots accomplish, though, won't be thanks to all that fancy new technology assisting the Falcons and other NFL teams..."
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    Markets point to leaning more on cap and trade
    Published: January 31, 2017
    Outlet: The Sacramento Bee (Opinion Piece)
    Christopher R. Knittel is the George P. Shultz Professor of Applied Economics at the Massachusetts Institute of Technology. He writes: "There has been much dismay and a good deal of hand-wringing since the election of Donald Trump. Specifically, policymakers, activists, scientists and citizens concerned about the effect of greenhouse gases on climate are concerned that the new administration may overturn or simply ignore efforts aimed at stopping or limiting global warming..."
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    What happens when 'alternative facts' take over economic policy?
    Published: January 31, 2017
    Outlet: MarketWatch (Source: Project Syndicate) (Opinion Piece)
    Simon Johnson, a former chief economist of the IMF, is a professor at MIT Sloan. He writes: "President Donald Trump has an obvious problem with data that he doesn't like, as he showed on his first full day in office, by attacking the media for reporting accurately the size of the crowd that attended his inauguration. It should be no less obvious that this same reliance on 'alternative facts' poses a severe threat in the realm of economic policy making."
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    La empresa argentina elegida por el MIT para que sus estudiantes hagan una pasantía
    Published: January 30, 2017
    Outlet: Apertura (Argentina)
    Son de la India, los Estados Unidos, y Shangai, en China, son parte de una de las camadas que se encuentran cursando el MBA de la Escuela de Management Sloan del MIT (Instituto Tecnológico de Massachusetts, por sus siglas en inglés), y trabajan para una empresa argentina. Es el caso de Hong Zhang, Paliwal, Sheila Chheda y Kangrong Sun, estudiantes de la afamada casa de estudios que eligieron sumar créditos para su maestría trabajando en un proyecto de Conexia, una firma local dedicada a conectar a los distintos actores del sistema de la salud.
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    What an MIT professor learned by monitoring traders' emotions
    Published: January 30, 2017
    Outlet: American Banker (Podcast)
    Andrew Lo is the Charles E. and Susan T. Harris Professor at the MIT Sloan School of Management and Director of the MIT Laboratory for Financial Engineering. In his research, he straps sensors to traders and watches how their pulses and body temperatures change when markets dive or trades go bad. The technology could be used elsewhere in a bank to potentially address problems before they escalate.
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    Joey Wignarajah: First step to improve core state services? Change the rules on how taxes are considered
    Published: January 29, 2017
    Outlet: Tulsa World (Opinion Piece)
    Joey Wignarajah holds an MBA from MIT Sloan. He writes: "Recently, Rep. Monroe Nichols, D-Tulsa, introduced a bill that could end the state's continuous revenue failures that total in the high hundreds of millions of dollars each year..."
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    Shock, despair, and outrage: Academics condemn Trump's immigration crackdown
    Published: January 29, 2017
    Outlet: The Chronicle of Higher Education
    "This is a country I adopted because I thought, I am free here, and I am treated just like anybody else," said Hazhir Rahmandad, an associate professor of system dynamics at MIT Sloan.
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    MIT startup addresses sanitation at refugee camps
    Published: January 27, 2017
    Outlet: MetroMBA
    MIT Sloan recently published an article on change:WATER Labs, a Cambridge-based startup co-founded by biochemist and Columbia MBA '04 Diana Yousef. change:WATER Labs qualified for the Hult Prize social entrepreneurship competition last month with its water-less toilet to help out refugee camps.
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    ViewPoint: The absurd math of the electoral college
    Published: January 27, 2017
    Outlet: Boston Business Journal (Subscription required) (Opinion Piece)
    Tauhid Zaman is the KDD Career Development Professor in Communications and Technology at MIT Sloan. He writes: "Two academic scholars whom I admire — Arnold Barnett, a professor and colleague of mine at the MIT Sloan School of Management, and Edward Kaplan, a professor at Yale University's schools of management, engineering and public health — have proposed reforming the current electoral system."
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    Calling all entrepreneurs
    Published: January 26, 2017
    Outlet: NECN (Video)
    MIT Professor Bill Aulet discusses what it takes to be a successful entrepreneur.
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