Individuals with low financial literacy tend to follow advice without assessing its quality, leaving them vulnerable to unsuitable advice.
"Paying workers low wages is actually very expensive for companies because of the costs of high turnover and the costs associated with low wages.
Studies show startups with older founders are more likely to succeed.
We asked 8 MIT Sloan faculty members about their new projects and what they see as the most exciting — and concerning — aspects of the AI boom.
"There's one year less time to cut emissions and avoid climate catastrophe."
"The EU can and should develop its own version of DARPA, but only after it understands the pillars on which the agency stands."
"The bad guys are getting badder faster than the good guys are getting better."
"Leaders have an opportunity to shape aspects of capital gains tax in ways that drive the key innovations that matter to our future."
Generative AI's speed of development is limiting the ability of junior employees to coach senior employees, since they can't keep up themselves.
"Intelligent choice architectures can empower managers and employees at all levels to act with greater autonomy and insight."
