More News from IWER

Richard M. Locke, John C Head III Dean of MIT Sloan, said: "We are providing students with an education that guarantees they have the skills and experiences necessary to succeed in today's world. It's not just about what we teach them, but also how we teach it."

Professor Stuart Madnick and research affiliate Angelica Marotta wrote: "The United Nations Convention Against Cybercrime establishes the first universal framework for investigating and prosecuting offenses committed online. The ideal time for companies to deal with the changes outlined in the treaty is not during a cybercrime event. Planning and testing these new processes and procedures should be started now, to give you the time needed to sort out the complexities that are likely to arise."

Should you use AI for financial advice? Professor Andrew W. Lo says not yet. Large language models like Copilot or ChatGPT aren’t suited to being used as financial advisers because they are the digital equivalent of sociopaths — smooth, persuasive and devoid of empathy.

"If oil production goes up, climate change will get worse sooner, and everybody loses, including the people of Venezuela," professor John Sterman said. "The climate damages suffered by Venezuela, along with other countries, will almost certainly outweigh any short-term economic benefit of selling a bit more oil."

In this episode of CNN's "Fareed Zakaria GPS," principal research scientist Andrew McAfee said: "Nature is more complicated than we can understand. Now we have a set of technologies — call it generative AI — where if we just feed it a whole bunch of stuff, it can do a remarkable job of figuring out the rules, structure, and what's going on underneath the hood."

Professor Sandy Pentland wrote: "Overall, nations are seeing fast changes in their economies thanks to AI and a changing geopolitical climate. What's emerging is not simply a new set of trade agreements, but a new operating model for sovereignty. The countries that do best won't be those that wait for the next superpower to set the rules; they'll be the ones that deliberately build the rails."

Congress has directed the US Department of Energy to study the carbon intensity of certain industrial products exported to the European Union. If the Trump administration succeeds in scuttling greenhouse gas reporting requirements, the new study "would potentially be a good way to replace the types of data that were collected under that program," said professor Catherine Wolfram.

Institute Professor Daron Acemoglu joined the "BBC World Business Report" to examine whether the tech bubble could be set to burst. "While AI remains a very promising, very versatile technology, the huge amount of investment that we are seeing is not translating into revenue and it's not clear how it will translate into revenue," he said.

Michael Siegel, director of Cybersecurity at MIT Sloan, and research affiliate Sander Zeijlemaker wrote: "The combination of sensitive patient data and legacy technology makes healthcare providers prime targets for ransomware, data breaches and other sophisticated threats. Cybersecurity collaboration is vital to building resilience against complex threats. The triple-helix model (uniting businesses, knowledge institutions and government) accelerates innovation through shared expertise and resources."

Associate professor Lawrence Schmidt said there are some jobs AI can do. "But, in many instances, it will change what we are doing rather than eliminate the job entirely," he said.