Daron Acemoglu (MIT Econ): Automation is driving down blue-collar wages
...automation is responsible for "more than half" of the decline in wages...more than the rise of China and the decline of private-sector unions.
...automation is responsible for "more than half" of the decline in wages...more than the rise of China and the decline of private-sector unions.
"I chose to attend Sloan because the students I met understood that their privileged position at MIT should be used to improve the world."
...there are a lot of piecemeal automation steps that companies can take that might be cost-effective...
“As a global leader in management education, MIT's mission is to make high-quality education accessible around the world.”
"In a knowledge-based economy, the hours worked are an input, not an output ... the boss should be mainly interested in results – the outputs."
"...when you [turn off or] change the algorithm...people go back to their desire for diversity and for reaching across the aisle."
Brian Halligan (SF '05) has recovered from a snowmobile accident but said on Wednesday he has decided not to return to the company as CEO.
Maher Damak and Karim Khalil … won the MIT $100K Entrepreneurship Competition in 2018 for their basic concept.
Tom Ankenbauer (MBA '22) co-launched a company called ProtectED, which sells bullet-resistant bookcases for classrooms and office spaces.
“ … private investors are funding companies that are building the infrastructure that will support future growth of crypto and digital assets.”