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  • Media Highlights

  • To overcome gender bias, objective performance metrics are not enough
    Published: December 7, 2017
    Outlet: London School of Economics Business Review
    Tristan L. Botelho and Mabel Abraham, who hold PhDs from MIT Sloan, write: "To what extent is gender still factored into evaluations when unambiguous, objective indicators of quality are available and market pressures incentivise evaluators to select on quality alone?"
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    Here's how a hot company can go public without an IPO
    Published: December 7, 2017
    Outlet: MarketWatch (Opinion Piece)
    Robert Pozen and his co-authors write: "Given the advantage of direct listings, the SEC should facilitate them by taking two actions: First, the SEC should approve the proposed NYSE rule change to permit direct listings there, just as they have long been permitted by Nasdaq's rules. Second, the SEC should clarify that the benefits of the JOBS Act for emerging growth companies extend to companies going public by direct listings in addition to IPOs."
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    Developing successful strategic partnerships with universities
    Published: December 6, 2017
    Outlet: MIT Sloan Management Review (Opinion Piece)
    Prof. Fiona Murray, Associate Dean of Innovation at MIT Sloan, Lars Frølund, MIT Innovation Initiative visiting fellow, and Max Riedel, a consultant on university relations for Siemens AG, write: "Collaborations between companies and universities are critical drivers of the innovation economy. These relationships have long been a mainstay of corporate research and development..."
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    America's lost Einsteins
    Published: December 4, 2017
    Outlet: The Atlantic
    The discrepancy in who gets patents is not the result of innate abilities, Chetty and his team, Alex Bell of Harvard, Xavier Jaravel of the London School of Economics, Neviana Petkova of the U.S. Treasury Department, and John Van Reenen of MIT, conclude.
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    Is your company ready for a digital future?
    Published: December 4, 2017
    Outlet: MIT Sloan Management Review (Opinion Piece)
    MIT CISR's Peter Weill and Stephanie L. Woerner write: "In this article, we will present four viable pathways for transformation and examine their pros and cons. However, the goal isn't digital transformation but rather business transformation..."
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    A framework for driving change in urban mobility
    Published: December 4, 2017
    Outlet: Supply Chain Management (Opinion Piece)
    MIT Sloan's Charles Fine and his co-authors write: "Urban mobility architecture must undergo fundamental change in response to rapidly changing city landscapes. In our book FASTER, SMARTER, GREENER – THE FUTURE OF THE CAR AND URBAN MOBILITY (MIT Press, 2017), we proposed a framework for future passenger mobility which would be Connected, Heterogenous, Intelligent and Personalized (CHIP)."
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    Odd lots: An MIT Professor explains his original theory for how markets really work
    Published: December 3, 2017
    Outlet: BloombergMarkets (Audio)
    Andrew Lo discusses his theory of adaptive markets, which attempts to bridge the behavioral approach with the efficient markets view. He argues that the proper way to view the market is through an ecological lens, examining the players as flora and fauna of a complicated system, to help determine who's thriving, who's dying, and where asset prices will go.
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    Lost Einsteins: The innovations we're missing
    Published: December 3, 2017
    Outlet: The New York Times
    A recent paper that came out Sunday looks at who becomes an inventor and who doesn't. The researchers, which included MIT Sloan's John Van Reenen, worked with the Treasury Department to link the tax records with patent records. Doing so allowed them to study the backgrounds of patent holders (and the study focused on the most highly cited, significant patents).
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    Financial Times 2017 top 20 business schools in the Americas and Asia-Pacific
    Published: December 3, 2017
    Outlet: Financial Times
    These new top-20 rankings for the Americas and Asia-Pacific are based on the quality and breadth of business schools' postgraduate programs. In the Americas, MIT Sloan School of Management ranked #3.
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    Banks build line of defense for doomsday cyberattack
    Published: December 3, 2017
    Outlet: The Wall Street Journal
    “So far, most people think about cyber in terms of having a credit card stolen,” said Stuart Madnick, a professor of information technologies at MIT Sloan. “What you're talking about now is a nuclear attack: If you can't get to the ATM and get it to work.”
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    Trump's fatal mistake on consumer financial protection
    Published: December 1, 2017
    Outlet: MarketWatch (Opinion Piece) (Source: Project Syndicate)
    Simon Johnson writes: "By seizing control of the Consumer Financial Protection Bureau and placing an ideological extremist in charge, US President Donald Trump has brought to the fore the deepest flaws in his administration's founding myth. The gutting that now awaits the agency will visibly harm many of the ordinary people Trump promised to defend."
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    GOP tax plan will stunt innovation in its infancy
    Published: December 1, 2017
    Outlet: The Hill (Opinion Piece)
    MIT Sloan Prof. Simon Johnson and MIT Dep. of Economics Prof. Jonathan Gruber write: "President Trump and Republican congressional leaders claim their current tax proposals will accelerate economic growth and create more good jobs. Actually, both the recently passed House bill and the current draft Senate legislation would depress our potential growth rate..."
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    The case for good jobs
    Published: November 30, 2017
    Outlet: Harvard Business Review (Opinion Piece) (Subscription Required)
    In this HBR cover story, Zeynep Ton writes: "Yes, there are millions of jobs at retail stores, restaurants, call centers, hotels, and day cares — but most of them are lousy and have been for decades..."
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    Machines 'beat humans' for a growing number of tasks
    Published: November 30, 2017
    Outlet: Financial Times
    Artificial intelligence is getting close to or beating humans on a growing number of yardsticks, according to one of the first attempts to assess the overall impact of AI. But these gains still leave machines far behind people when it comes to doing anything other than the narrow tasks they were designed for, according to Erik Brynjolfsson, a professor at MIT, one of the institutions behind the report.
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    The US could be on the verge of dismantling digital privacy as we know it
    Published: November 29, 2017
    Outlet: Quartz
    When Prof. Stuart Madnick teaches his class on the ethics of cybersecurity, he begins by polling his students on whether they highly value privacy. Year after year, the results are consistent: nearly all of his students agree. Then, he polls them on whether they highly value security. Again, he receives a near-unanimous affirmation.
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    Republican tax bills have too many loopholes for shipping jobs overseas
    Published: November 29, 2017
    Outlet: The Hill (Opinion Piece)
    Robert Pozen and Steven Rosenthal write: "When the Trump administration issued its framework for tax reform in September, it emphasized the need to build in protections to stop U.S. multinational corporations from 'shipping jobs and capital overseas'..."
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    What seven of the best business books of 2017 taught us this year
    Published: November 28, 2017
    Outlet: Forbes
    Financial economist Andrew Lo has released a monumental book that tips the fundamental assumptions of the efficient markets hypothesis on their heads in ADAPTIVE MARKETS: FINANCIAL EVOLUTION AT THE SPEED OF THOUGHT. Unlike the other books on this list, this book questions our very understanding of market behavior and, thereby, our understanding of business models that stem from the efficient markets hypothesis.
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    Trump tax bills would push US jobs and factories abroad
    Published: November 28, 2017
    Outlet: Financial Times (Opinion Piece)
    Robert Pozen writes: "The tax legislation now before Congress would fundamentally change the way that foreign profits of US multinationals are taxed, from a worldwide to a territorial approach. But the design of the new approach would encourage the offshoring of US jobs and factories..."
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    Top 10 Masters in Business Analytics
    Published: November 28, 2017
    Outlet: TopMBA Career Guide
    Sloan came in first place in TopMBA's global ranking. Along with ranking first globally, Sloan also ranks first for employability, alumni outcomes, and thought leadership.
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    Five US business schools blazing a trail in big data analytics
    Published: November 27, 2017
    Outlet: BusinessBecause
    MIT Sloan's long been a fixture at the data science rodeo and, in many ways, has set the tenor for contemporary data degrees. Michelle Li, director of MIT Sloan's Master of Business Analytics Program, says: “Academic excellence in data science and business analytics has always been core strengths of MIT Sloan and the MIT Institute more broadly."
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    John Legere: T-Mobile's rule breaker
    Published: November 27, 2017
    Outlet: CNBC (Video)
    T-Mobile U.S. Chief Executive John Legere, who holds a master's degree from Sloan, earned money making fries at a fast-food chain, running a ride at an amusement park, washing floors at a candy store, making plastic cowboy hats and peeling potatoes in a diner – the list goes on. Athletics was his real interest, so he put all his energy into running, which helped to give him his work ethic.
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    Forbes 30 Under 30: Jess Newman
    Published: November 27, 2017
    Outlet: Forbes
    As the director of U.S. agronomy for Anheuser-Busch InBev, Jess Newman, MBA '17, and her team help barley, rice, and hop farmers increase their efficiency by using both smart and more fuel-efficient technology. She was named to Forbes' energy list.
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    Forbes 30 Under 30: Domeyard LP
    Published: November 27, 2017
    Outlet: Forbes
    MIT Sloan alumna Christina Qi is a partner at Domeyard LP, a hedge fund she co-founded in 2013 with Luca Lin and MIT alumnus Jonathan Wang. All three were named to Forbes' finance list. The company makes $1 billion of trades daily based on high-performance computing and data analysis.
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    ClimaCell bags $15M to predict weather from wireless network signals
    Published: November 27, 2017
    Outlet: Xconomy
    ClimaCell, co-founded by MIT MBAs Rei Goffer and Itai Zlotnik, uses software to measure the ways in which weather impacts wireless communication networks, and has raised $20 million to date from investors.
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    The robot revolution is coming. Just be patient.
    Published: November 26, 2017
    Outlet: Bloomberg
    As economist Larry Summers has pointed out, a robot boom would raise both productivity and business investment, as companies rushed to install the new machine-learning systems. That hasn't happened. In a new paper, economists Erik Brynjolfsson, Daniel Rock and Chad Syverson have an answer: Wait. It's coming.
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    Adi Godrej: An entrepreneur and a gentleman
    Published: November 24, 2017
    Outlet: Forbes India
    Since joining his 120-year-old family business in 1963, Adi Godrej, MBA '63, has helped it transition through a closed, socialist economy into a free-market one. But it is not Godrej's entrepreneurial achievements alone that define him. Speak to anyone—family, friends, employees or peers in the industry—and you will find why the septuagenarian is a thorough gentleman with impeccable ethical standards...
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    No, we aren't running out of new ideas
    Published: November 23, 2017
    Outlet: The Conversation
    We've picked all the low hanging fruit when it comes to new ideas, and the world is set for more parsimonious times. This is the idea put forward in a recent research paper by John Van Reenen, Nicholas Bloom and their co-authors.
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    The coal habit is hard to kick
    Published: November 22, 2017
    Outlet: The Hill (Opinion Piece)
    Valerie Karplus writes: "While a wave of firms is exiting the coal-fired electricity sector across the global, coal is still poised to contribute to the fuel mix for a long time to come. This means that careful management of its remaining uses is more important than ever. Coal will remain important for two reasons..."
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    What limiting foreign trade would mean for the U.S. economy
    Published: November 20, 2017
    Outlet: PBS (Audio)
    Former IMF chief economist Simon Johnson says: "We have the largest single economy, but we're only 330 million people. This is a world of seven billion. If you want to make something really big, really innovative, like the 787, you need the entire global market. You need access to all seven billion people" (2:00).
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    Bain names Manny Maceda as new global head
    Published: November 19, 2017
    Outlet: Financial Times
    Bain & Company has appointed its first Asian leader in the consultancy's 44-year history after electing Manny Maceda as the firm's new global managing director. Maceda, who was born in the US but raised in the Philippines, will take over from Bob Bechek who has led the Boston-based consultancy for the past six years. Maceda holds an MBA from Sloan.
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    Surviving in an increasingly digital ecosystem
    Published: November 17, 2017
    Outlet: MIT Sloan Management Review (Opinion Piece)
    Peter Weill and Stephanie L. Woerner, of the MIT Sloan Center for Information Systems Research (CISR), write: "We have collected new data and completed new case studies that help us understand that it's no longer about how companies can thrive, but rather how they must reinvent to survive — because that's the key issue today..."
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    Does gentrification reduce crime?
    Published: November 16, 2017
    Outlet: VOX EU (Opinion Piece)
    MIT IDE's David Autor and Sloan's Christopher Palmer and Parag Pathak write: "This column exploits the sudden ending of a rent control regime in Cambridge, MA, to examine whether and by how much gentrification affects crime..."
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    B-schools up big data analytics focus to match demand from employers like Amazon and McKinsey
    Published: November 16, 2017
    Outlet: BusinessBecause
    MIT Sloan announced the launch of a new business analytics certificate to fight back against the big data analytics skills gap, and the expected lack of trained US data scientists in the coming years.
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    Why Washington's tax plans for executive compensation are misguided
    Published: November 15, 2017
    Outlet: MarketWatch (Opinion Piece)
    MIT Sloan Senior Lecturer Robert Pozen writes: "Tucked into the mammoth tax bills Congress is debating are two provisions that will increase the taxation of executive compensation and undermine related governance practices. Corporate directors and senior managers, take note..."
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    The philanthropy data gap: Measuring what matters
    Published: November 15, 2017
    Outlet: Financial Times (Opinion Piece)
    Tavneet Suri, a development economist specialising in sub-Saharan Africa at Sloan, writes: "As philanthropy becomes a common source of finance for poverty-fighting programmes, it is natural for donors to want data about their impact on the people they want to help. Yet measuring the benefits of philanthropy is surprisingly hard..."
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    The one-man army working to make Quora better for Q&A obsessed Indians
    Published: November 15, 2017
    Outlet: Quartz
    Quora appointed Gautam Shewakramani as its new country manager in August. Shewakramani, who holds an MBA from Sloan, was the founder and CEO of AudioCompass, an audio tour app for travellers that he operated for over six years. He spoke to Quartz about Quora's experiences in India and how he wants to build the platform.
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    Meet the 30 Under 30 activists, Washington insiders and legal entrepreneurs shaping U.S. law and policy now
    Published: November 14, 2017
    Outlet: Forbes
    Forbes' 2018 list of the 30 Under 30 in Law & Policy includes Sloan graduate Lisa Conn, who leads Facebook's civic leadership team, and previously managed the MIT Media Lab's Electome Project, which used machine learning to analyze tweets related to the U.S. election in order to understand public opinion.
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    Could this novel cathode material be the key to less expensive electric vehicles with longer range?
    Published: November 14, 2017
    Outlet: MIT Technology Review
    After earning his PhD in 1969 at MIT Sloan, Kenan Sahin spent years in academia. But in 1982, he decided to commercialize some of his research in expert systems and data processing, launching Kenan Systems with a $1,000 personal investment.
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    Four logics of corporate strategy
    Published: November 13, 2017
    Outlet: MIT Sloan Management Review (Opinion Piece)
    MIT Sloan Senior Lecturer Donald Sull and his co-authors write: "In our experience, organizations often struggle with corporate strategy because executives lack clarity on how the parts of the corporation fit together to create and capture economic value..."
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    How to develop strategy for execution
    Published: November 13, 2017
    Outlet: MIT Sloan Management Review
    MIT Sloan Senior Lecturer Donald Sull and his co-authors write: "The questions and tactics in this article can help leaders develop strategic priorities that can maximize the odds that people are working on what matters most..."
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    What's your superpower?
    Published: November 12, 2017
    Outlet: The European Business Review (Opinion Piece)
    Lauren Noël, who holds an MBA from MIT Sloan, and her co-author Christie Hunter Arscott, write: "In our conversations with colleagues around the world who are interviewing for jobs across industries – consumer goods, technology, professional services – we have noticed a growing trend. In the interview process, they have been asked an interesting question: “What's your superpower?”
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    Trump and transforming capitalism: Making our movement see itself
    Published: November 11, 2017
    Outlet: HuffPost (Opinion Piece)
    MIT Sloan Senior Lecturer Otto Scharmer writes: "'Trump is America's wake-up call' I heard a visitor to the United States say the other day. True. Trump's first year has been a wake-up call heard around the world. But are we really waking up? And who is 'we'? And what, if anything, is the new awareness that we are supposed to wake up to?"
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    Tech innovators open the digital economy to job seekers, financially underserved
    Published: November 10, 2017
    Outlet: The Wall Street Journal (Opinion Piece)
    MIT Sloan Visiting Lecturer Irving Wladawsky-Berger writes: "The future of work is a prime interest of the MIT Initiative on the Digital Economy, started in 2013 by researchers Erik Brynjolfsson and Andy McAfee..."
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    Being an LGBT MBA candidate at MIT Sloan
    Published: November 10, 2017
    Outlet: Clear Admit
    Andrew Foster LGO '19 shared in a recent post on the MIT Sloan student blog that he wasn't sure what being an LGBT MBA candidate would feel like. Having completed undergrad at California's Pomona College, he wrote, “I feared that there was no way any MBA program could be as gay-friendly as my alma mater.”
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    Introducing BostInno’s 50 on Fire Winners for 2017
    Published: November 9, 2017
    Outlet: BostInno
    Six companies and organizations led by MIT Sloan alumni and students were named to the 2017 BostInno 50 on Fire list. The list, culled from 150 finalists, recognizes up-and-comers in the Greater Boston innovation ecosystem. MIT Sloan winners include Ric Fulop SF '06, Elliot Cohen MBA '13, Bettina Hein SF '07, Max Faingezicht MBA '11, Adam Blake MBA '11, The MIT Sloan Sports Analytics Conference, Mike Volpe MBA '03, Shai Horovitz MBA '15, and Emmy Linder MBA '10.
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    Steph Speirs plants community solar gardens
    Published: November 9, 2017
    Outlet: Grist Magazine
    Through her company, called Solstice, Sloan MBA '17 Steph Speirs and cofounder Steve Moilanen roll out community solar gardens that allow people who don't own their properties—or who don't have the means or interest in installing a home setup—to tap into a local solar project and save a few bucks on electricity.
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    Class of '17: Meet Bain & Co's newest MBA hires––Pablo Sanchez Servitje
    Published: November 8, 2017
    Outlet: Poets & Quants
    "Bain teams are experts in helping guide companies on their path to victory, and the time I spent at business school learning how to think about strategy prepared me to quickly become an active contributor within my team," says MIT Sloan graduate Pablo Sanchez Servitje.
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    Class of '17: Meet Bain & Co's newest MBA hires––Bruno Hartman Bonocielli
    Published: November 8, 2017
    Outlet: Poets & Quants
    "MIT Sloan has so many brilliant, accomplished people that helped me understand how big and full of opportunities the world is, and how imperative it is not to underestimate or oversimplify the complex problems we face," says MIT Sloan graduate Bruno Hartman Bonocielli.
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    Technology vs. location: Why U.S. shale oil & gas forecasts could be over-estimated
    Published: November 8, 2017
    Outlet: The Energy Collective (Opinion Piece)
    MIT Sloan Senior Lecturer Francis O'Sullivan writes: "Over the last five years, Americans have enjoyed consistently low oil and gas prices thanks to a massive uptick in the production of oil and gas produced from shale in the U.S. This industry growth has enabled the country to play an increasingly important role in global and domestic energy markets. But how long will these low prices and high productivity levels last?"
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    Hennessy Paradis ImperialVoice: Maximizing The 'Humon' potential
    Published: November 8, 2017
    Outlet: Forbes
    Originally from Paris, Alessandro Babini moved to Boston in 2014 to attend MIT Sloan. There, he launched a research project with fellow student Daniel Wiese to explore the intersection of biology and technology and its potential for empowering humans with a better understanding of what's going on inside their bodies.
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    MIT economist explains what jobs will survive the tech revolution and why
    Published: November 7, 2017
    Outlet: WBUR (Audio)
    MIT economist Andrew McAfee, who is co-founder of MIT's Initiative on the Digital Economy, joined All Things Considered to discuss how people can prepare themselves for the tech frontier as new jobs are created and others are lost.
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    Best Business Books 2017: Innovation
    Published: November 7, 2017
    Outlet: Strategy + Business
    Andrew McAfee and Erik Brynjolfsson's MACHINE, PLATFORM, CROWD: HARNESSING OUR DIGITAL FUTURE, the best business book of the year on technology and innovation, is an insightful and powerful blend of the two. McAfee and Brynjolfsson, both of MIT Sloan, became gurus of the digital era with their seminal book, THE SECOND MACHINE AGE.
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    How MIT plans to grow its "delta v" accelerator program
    Published: November 6, 2017
    Outlet: BostInno
    As a two-people team, Bill Aulet and Trish Cotter are among the finalists of this year's 50 on Fire. They both work side by side at the Martin Trust Center for MIT Entrepreneurship, Aulet as managing director and Cotter as director of “delta v,” MIT's student venture accelerator and capstone program.
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    State looking to help local retail stores generate more customers
    Published: November 6, 2017
    Outlet: NBC's WWLP (Video)
    The state's Special Senate Task Force on the Retail Sector is looking at challenges faced by retailers and considering actions the state can take to help both local businesses and consumers. The Task Force heard from Zeynep Ton who teaches operation management at MIT. Ton says higher wages will encourage companies to adopt new strategies including cross training employees.
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    Need for home health aides is growing
    Published: November 6, 2017
    Outlet: NPR's KJZZ (Audio)
    As people are living longer and Baby Boomers are aging, the need for home health aides is growing. Just since 2016 more people are working in the profession, helping an elderly person in their everyday lives. But, it's an under-valued, under-trained profession, according to MIT Sloan Prof. Paul Osterman, author of the new book WHO WILL CARE FOR US: LONG TERM CARE AND THE LONG TERM WORKFORCE.
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    Natural gas provides only a "short and narrow bridge" to a low-carbon future
    Published: November 6, 2017
    Outlet: The Energy Collective (Opinion Piece)
    John Reilly, the Senior Lecturer and Co-Director of the Joint Program on the Science and Policy of Global Change at the Center for Environmental Policy Research at MIT Sloan, writes: "A serious commitment to long run climate goals requires we stay focused on planning for a zero-carbon world..."
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    MIT expert says there's one main reason robo-advisors won't fully take over
    Published: November 6, 2017
    Outlet: CNBC (Video)
    Robo-advisors lack a fundamental ability that human counterparts possess, according to MIT Prof. and Nobel laureate Robert Merton. "What you need to make technology work is to create trust. Technology doesn't create trust on its own," Merton said.
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    Taking steps to reduce foreign social media meddling in our elections
    Published: November 3, 2017
    Outlet: HuffPost (Opinion Piece)
    Senior Lecturer Neal Hartman writes: "The bottom line is that we can't, in this digital social media age, completely eliminate foreign interference in our elections, no more than we can stop run-of-the-mill demagogues from appealing to biases and emotions. But we can blunt their attempts at manipulation by common-sense corporate, media, government and individual citizen actions, exposing untruths and speaking truths when we can."
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    Artificial intelligence, predictive analytics––how MBA campus recruiting is changing
    Published: November 3, 2017
    Outlet: BusinessBecause (Opinion Piece)
    Jean Ann Schulte, director of employer relations and recruiting services at MIT Sloan, writes: "While the largest, most prominent companies continue to host a full schedule of events at their preferred schools, new approaches are emerging..."
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    Under Trump, Wall Street's future is bright. Yours and mine? Not so much
    Published: November 2, 2017
    Outlet: NBC News (Opinion Piece)
    Simon Johnson writes: "The big banks are back in charge of financial regulation and much more. The future is looking bleak for you and me. For the people running Goldman Sachs, however, it has rarely looked better."
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    Like Juan Peron in Argentina, Trump threatens to squander our prosperity
    Published: November 1, 2017
    Outlet: MarketWatch (Source: Project Syndicate) (Opinion Piece)
    Simon Johnson writes: "American populism in the Trump era, though promising great gains for working people, will in fact benefit only those who are already rich."
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    Deborah Lucas & Chester Spatt: Financial regulation–what lies ahead?
    Published: November 1, 2017
    Outlet: MIT Sloan Experts Series
    Former SEC Chief Economist and MIT Golub Center Senior Fellow Chester Spatt and MIT Golub Center Director and Prof. of Finance Deborah Lucas discuss financial regulation and housing market finance reform, and share their ideas for fostering stronger ties between the regulatory and the academic communities and what lies ahead.
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    How to cultivate leadership that is honed to solve problems
    Published: November 1, 2017
    Outlet: Strategy + Business (Opinion Piece)
    Deborah Ancona and Hal Gregerson write: "We ultimately found that there is in fact a distinctive kind of leadership taking place at many levels of MIT, evident everywhere from student projects to faculty startups to alumni enterprises. It is based, in part, on the personal qualities that MIT people share..."
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    This is how many minutes of breaks you need each day
    Published: October 31, 2017
    Outlet: Fast Company
    “Don't think of breaks in terms of taking a set number a day, such as 12 or five,” says Robert Pozen, senior lecturer at MIT Sloan and author of EXTREME PRODUCTIVITY: BOOST YOUR RESULTS, REDUCE YOUR HOURS. “The real question is what is the appropriate time period of concentrated work you can do before taking break?”
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    Detecting customer-to-customer trends (without social media data) to optimize promotions
    Published: October 31, 2017
    Outlet: HuffPost (Opinion Piece)
    Georgia Perakis writes: "When we have detailed social media data, it is relatively easy to identify patterns of influence to predict these trends. But what happens when we don't have social media data? After all, social media platforms charge tremendous fees for access to that information. Can we use traditional data to detect underlying trends between groups of consumers and improve demand estimation?"
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    Why blockchain can be good for competition
    Published: October 30, 2017
    Outlet: Forbes (Opinion Piece)
    MIT Sloan Assistant Prof. Christian Catalini writes: "To ensure a higher degree of competition, permissionless blockchains can be used to create digital marketplaces without assigning control - both over prices and access to data - to a single operator..."
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    Supermodel turns fashion tech entrepreneur after an MBA at MIT Sloan
    Published: October 30, 2017
    Outlet: BusinessBecause
    Jayeon Kim became a national celebrity after winning South Korea's Next Top Model. Over the past 10 years, she's seen technological change revolutionize the fashion industry. “The emphasis on technology and engineering was precisely the reason why I wanted to study at MIT,” Kim says.
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    Demand for senior home care grows, but its pay remains low
    Published: October 30, 2017
    Outlet: WBUR (Audio)
    Paul Osterman, author of WHO WILL CARE FOR US?, says, "If nothing is done to improve these jobs, by the year 2040, there'll be a shortage of at least 350,000 paid caregivers—there could be more." (Even Osterman says this is a conservative estimate; PHI, for instance, reports the shortage could be more than 600,000 caregivers.)
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    House Republicans can improve the bipartisan health bill
    Published: October 29, 2017
    Outlet: The Wall Street Journal (Opinion Piece)
    MIT Sloan Senior Lecturer Robert Pozen writes: "The Senate has a good chance of passing a sensible bill, put forward by Sens. Lamar Alexander (R., Tenn.) and Patty Murray (D., Wash.), to stabilize American health-insurance. But to get the bill through the House, Democrats will need to accept reasonable suggestions from Republicans..."
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    The 2017 top 100 women-led businesses in Massachusetts
    Published: October 27, 2017
    Outlet: The Boston Globe
    The Globe Magazine partnered with The Commonwealth Institute—a local nonprofit that supports female business leaders—to create this list of women-led organizations. Four companies founded by MIT Sloan alumni–Care.com (Donna Levin), Analysis Group (Martha S. Samuelson), Axcelis Technologies (Mary G. Puma), and Pixability (Bettina Hein)–made the list.
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    Business Books podcast: Andrew Lo on 'adaptive' markets
    Published: October 26, 2017
    Outlet: Financial Times (Audio)
    The adaptive markets theory is a “reframing of our view of financial markets”, says Andrew Lo, author of ADAPTIVE MARKETS: FINANCIAL EVOLUTION AT THE SPEED OF THOUGHT. Hear Lo, shortlisted for the Financial Times & McKinsey Business Book of the Year Award, in conversation with John Authers, the FT's senior investment commentator.
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    Your company doesn't need a digital strategy
    Published: October 25, 2017
    Outlet: MIT Sloan Management Review (Opinion Piece)
    George Westerman writes: "As sexy as it is to speculate about new technologies such as AI, robots, and the internet of things (IoT), the focus on technology can steer the conversation in a dangerous direction. Because when it comes to digital transformation, digital is not the answer. Transformation is."
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    Research: Objective performance metrics are not enough to overcome gender bias
    Published: October 25, 2017
    Outlet: Harvard Business Review (Opinion Piece)
    Tristan L. Botelho and Mabel Abraham, who both hold a PhD from MIT Sloan, write: "We wanted to test the extent to which gender-based double standards are present in a competitive context, where evaluators have access to objective performance information and are motivated to evaluate candidates based on quality alone..."
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    Bloomberg Best: From our bureaus worldwide
    Published: October 25, 2017
    Outlet: Bloomberg (Audio)
    Last Thursday, the European Central Bank (ECB) announced their stimulus plan for 2018. MIT Sloan Prof. Athanasios Orphanides, a former ECB board member and Federal Reserve advisor, spoke with Bloomberg prior to the ECB meeting (1:35).
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    The next billion-dollar startups 2017
    Published: October 25, 2017
    Outlet: Forbes
    PillPack, an online pharmacy co-founded by MIT Sloan alumnus Elliot Cohen, mails medications to patients packaged by the day and time they should be taken.
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    People are making a major mistake when choosing auto loans
    Published: October 24, 2017
    Outlet: MarketWatch
    American drivers will haggle over the price of a car, which might make it all the more puzzling why they don't always shop for the best rates on loans. That's according to a new study this month from researchers at MIT Sloan and Marriott School of Business, who analyzed more than 4 million auto loans from 326 different financial institutions in the US.
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    MIT's William Aulet on teaching entrepreneurship and beachhead marketing
    Published: October 19, 2017
    Outlet: Venture Capital Journal
    VCJ spoke with Bill Aulet about venture investing and teaching entrepreneurship. This is an edited transcript of the conversation.
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    MIT Inclusive Innovation Challenge: $1 million for global change-makers revolutionizing the future of work
    Published: October 19, 2017
    Outlet: HuffPost
    MIT's Initiative on the Digital Economy (IDE) has been paving the way for change-makers to inspire, create jobs and thus impact the economy through technology. IDE's expertise lie in technology and innovation, with a team led by Director Erik Brynjolfsson and Co-Director Andrew McAfee.
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    How to design and price information for sale to others
    Published: October 19, 2017
    Outlet: LSE Business Review
    MIT Sloan Associate Professor Alessandro Bonatti and his co-authors write: "Information isn't like your proverbial widget that a buyer either needs or doesn't need. Information is more fluid, more abstract — and it's important for sellers to understand that not all data buyers and their needs are the same..."
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    The shape of work to come
    Published: October 18, 2017
    Outlet: Nature
    “Millions of jobs will be eliminated, millions of new jobs will be created and needed, and far more jobs will be transformed,” says Erik Brynjolfsson, who directs the Initiative on the Digital Economy at the Massachusetts Institute of Technology in Cambridge.
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    Season 5, Episode 25: Future of Appalachia
    Published: October 18, 2017
    Outlet: VICE News (Video) (Subscription Required)
    VICE's Isobel Yeung journeys to the heart of coal country to see what it will take to save Appalachia. The episode features interviews with MIT Sloan's Erik Brynjolfsson who discusses the future of the coal industry and how the region can reinvent itself. The full episode can be viewed on the HBO site with a subscription.
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    What happens to mental health at work when our devices know how we feel?
    Published: October 17, 2017
    Outlet: Harvard Business Review (Opinion Piece)
    Michael Schrage, a research fellow at MIT Sloan's Center for Digital Business, is the author of the books SERIOUS PLAY (HBR Press), WHO DO YOU WANT YOUR CUSTOMERS TO BECOME? (HBR Press) and THE INNOVATOR'S HYPOTHESIS (MIT Press).
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    Walmart––yes, Walmart––is making changes that could help solve America's wealth inequality problem
    Published: October 16, 2017
    Outlet: Quartz
    “Once you start down this road, if you're big enough, you'll bring others with you,” says Thomas Kochan, a professor of work and employment relations at MIT Sloan...To the extent the philosophy of Starbucks and Costco—and a range of other employers from Trader Joe's to QuickTrip—is organized into a theory, it's called the Good Jobs Strategy, and its chief evangelist is Zeynep Ton, an adjunct associate professor, also at Sloan.
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    Trump voters confront climate change in wake of hurricane
    Published: October 16, 2017
    Outlet: The Associated Press
    John Sterman said addressing climate change will invariably lead to gradual job losses in the fossil fuels industry. But communities have lost a dominant industry before, and those able to diversify can prosper.
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    This MIT economist has a new theory of finance
    Published: October 16, 2017
    Outlet: Bloomberg Businessweek
    Andrew Lo has always been a multidisciplinarian. At the Bronx High School of Science, he excelled in biology, physics, chemistry, and mathematics and liked solving broad problems. “I just really enjoyed the dynamics across all these fields,” he says. “I never thought of myself as, I am an economist or I'm a statistician.”
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