Banks made big climate promises. A new study doubts they work.
New research by Emil Verner found that since 2018 banks had reduced lending 20 percent to sectors they had targeted in their climate goals.
New research by Emil Verner found that since 2018 banks had reduced lending 20 percent to sectors they had targeted in their climate goals.
"Companies must recognize that, in reality, labor is a critical resource for productivity growth."
Machines are not necessarily good or bad. Whether they destroy or create jobs all depends on how we deploy them, and on who makes those choices.
"If you force people to interact with AI in a completely standardized way, you're missing out on some of the amazing upside of this technology."
The rich and powerful have hijacked progress throughout history, says Daron Acemoglu. They did so in the Middle Ages and now in the age of AI.
"It's a bad idea for any organization to make a uniform rule across the whole organization as to what should be the design of the hybrid."
"We need to find a settlement that works for both parties, and works for the consumers, and works for the national economy."
MIT Sloan should be “aimed at producing people who are capable of making whatever part of the world they may be involved in work better.”
"I think we were at a period of tight labor markets and a growing recognition of workers' desire to have a say in how they work."
Professor David Rand’s work bridges the fields of cognitive science, behavioral economics, and social psychology.