Walking back the tariffs on one another is going to be the top priority, said professor Yasheng Huang. "You don't think about these long-term structural issues when your focus is on these short-term problems. If you look at the first round of negotiations between the U.S. and China back in 2018, it took almost two years to reach the first-round deal," said Huang. 

According to professor Nelson P. Repenning and senior lecturer Donald Kieffer, authors of the upcoming book "There's Got to Be a Better Way: How to Deliver Results and Get Rid of the Stuff That Gets in the Way of Real Work," we should think about two basic ways of "spring cleaning:" organizing your own work and handling requests from bosses or customers.

Professor Andrew W. Lo said: "Generative AI tools will make existing employees more efficient at their jobs. For example, instead of focusing on maybe 10 or 20 companies as part of their purview, one human analyst can now look at 100 or 200 companies."

Senior lecturer Hal Gregersen underscores the role of questioning, networking, and observational skills in driving innovation. Teams that are externally connected and internally diverse are more likely to generate breakthrough insights.

The IMF projects that almost 40% of jobs worldwide will be affected by AI. More conservatively, Institute Professor Daron Acemoglu expects 5% of all tasks will be profitably performed by AI in the next decade.

"This is not an economy a statist government desires, and this is why underconsumption has long been recognized as a problem, even at the highest level of the government," said professor Yasheng Huang, an expert on the Chinese economy. But "there have not been comparable reforms," he added.