Finance

In this interview with Jason Jay, director of the Sustainability Initiative at MIT Sloan, he said: "This could play out in many ways — part of it will be decided by the international community, investors bringing their own capital to complement Chinese capital, companies with technology and expertise, governments overseeing data privacy, EVs, etc. China has developed crucial capabilities the world needs, which is a note of hope — but it comes with risks we must manage."

AI offers extraordinary value when geared toward solving real-world problems. In accounting, the technology takes care of the "washing" of data processing, as assistant professor Chloe Xie pointed out, freeing up professionals to focus on analysis and strategy.

Senior research scientist Peter Weill and principal research scientist Stephanie L. Woerner wrote: "To manage increasing digital complexity, successful boards are structuring their focus around three key areas: strategy, defense, and oversight. The technology bar for board effectiveness keeps rising. Boards with general digital expertise are no longer differentiated. Only boards that are staying current with AI and emerging technologies are driving superior performance."

In this opinion piece for VoxEU, professor Simon Johnson, professor of the practice Gary Gensler, and co-authors wrote: "President Trump was elected, in part, on the promise of helping people lower down the income scale. Under his second administration, though, income and wealth gaps have only widened – and his policies are likely to further widen the gap."