Research scientist Christian Catalini said: "The stablecoin wars are in full swing, and new entrants are lining up with dotcom-era exuberance. Expect inventive maneuvers. Anyone chasing the market leaders will pull every lever the rulebook vaguely permits."

Professor Emerita Lotte Bailyn and professor Catherine Wolfram have been elected to membership in the American Academy of Arts and Sciences. Founded in 1780 by John Adams and John Hancock, the academy aims to honor accomplished leaders in a wide array of fields and "cultivate every art and science which may tend to advance the interest, honor, dignity, and happiness of a free, independent, and virtuous people."

At this point Microsoft's reliance on OpenAI is strategic dependence without full control, said visiting senior lecturer Paul McDonagh-Smith. "Risks include model access risk, innovation lag, brand subordination and market power shifts if OpenAI continues to scale independently," he said.

The increased use of industrial robots may actually have a negative impact on the workforce, according to a study from Institute Professor Daron Acemoglu and co-author.

Senior lecturer Egor Matveyev said: "Effectively, the huge pay package Alex Karp received was in 2020. They were designed as very long-term stock awards with a very long-term vesting period."