MIT Sloan Faculty in the News
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I asked ChatGPT to manage a stock portfolio. Here's how it did.
Professor Andrew W. Lo expects AI models to quickly advance and be able to serve as fiduciaries in coming years. As of now, he cautioned, they aren't ready for prime time."We believe that it is possible to train an LLM, just like we train humans, to provide fiduciary duty," Lo said. "But they don't have it right now, and the guardrails aren't there to protect individuals."
RIP Spirit Airlines
In this episode of Vox's "Today, Explained" podcast, professor Deborah Lucas said: "It never makes economic sense to bail out a small, chronically unprofitable enterprise. There's a lot of talk that it would've helped the employees of Spirit Airlines, but a typical bailout really doesn't just help the employees. The main beneficiaries are the debt holders of the company. A lot of bailouts are subsidies to the rich, if you will. They don't necessarily reach the people you're hoping to when you think about bailing out a company in order to save jobs."
Most negotiations fail before they start
"If you keep negotiating, and keep getting just a little more every time, the effect grows and grows," lecturer John Richardson said. It can be uncomfortable for many people to ask for more. "Your body thinks it's life or death. But it isn't. Two things help you calm down. Experience, and preparation. And those are things you can start working on today," he said.
Remember the Pentagon Pizza theory? There's a new version for the AI era
AI may also be causing workers to spend more time on the job because they're still learning how to integrate it into their workflows, said principal research scientist Neil Thompson. "Usually there's a transition period where you have to modify the processes the organization has," he said. "Initially, you become less efficient."
The 100 Best & Brightest MBAs: Class Of 2026
Michael Autery (Sloan Fellows: MBA '26), Aditi Ramakrishnan (MBA '26), and Hardi Vajir (MBA '26) were profiled in P&Q's 12th annual Best & Brightest feature story, which spotlighted top full-time MBA graduates at elite business schools across the globe.
Why vibe coding isn't the end of the software engineer
IDE research scientist Frank Nagle and co-researchers surveyed 187,000 software developers using GitHub Copilot and found they were more productive because what they focused on changed. In this "Wall Street Week" TV interview, he said, "We found that when coders started using these types of tools, they massively shifted the amount of time they allocated to coding, which had taken a whole lot of time away from project management." However, companies hiring software engineers out of college has fallen by 20 percent since 2022. Nagel said this approach is "short-sighted."
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