"Congress is poised to pass a reconciliation bill, politically dubbed the 'One Big, Beautiful Bill,' that could do serious harm to America's economic future," wrote senior lecturer Robert C. Pozen. "If enacted, the bill would not only deepen the country's long-term debt burden but also heighten the risk of a self-reinforcing cycle of higher interest rates and slower economic growth."

Research scientist Ranjan Pal and co-author wrote: "While the use of LLMs comes with a plethora of management (and technological) benefits for pharma supply chains, its use is loaded with many cyber vulnerabilities that can impact training data and models in a manner that leads to biased and erroneous outputs, cybersecurity/privacy breaches, and industry system failures."

"By having the AI model underlying the chatbot constantly trawling the web for the latest misleading claims and updating chatbot scenarios regularly, we can help clinicians recognize and respond to the kinds of misinformation circulating now," wrote professor David Rand and co-authors.

Professor Yasheng Huang said that if he had to highlight one fundamental difference between China and other civilisations, it would be the existence of imperial examinations. They are directly to blame for the state's ongoing monopolisation of human talent in China. By depriving society of access to the best talent, the state also denied its people the chance of having any kind of organised religion, commerce or intelligentsia.

Professor Pierre Azoulay found that immigrants are 80% more likely to start businesses. Their companies generate 50% more jobs and pay about 1% higher wages than firms started by native-born Americans. Historically, a 1% increase in immigrant population has correlated with a 15% rise in patents per capita, fueling long-term economic growth. 

Professor Roberto Rigobon and postdoctoral researcher Isabella Loaiza co-authored a study examining the shift in jobs and tasks across the U.S. economy between 2016 and 2024. Rather than dispense with qualities like critical thinking and empathy, workplace technology heightened the need for workers who exhibit those attributes, Loaiza said.

The GENIUS act stands for "Guiding and Establishing National Innovation for U.S. Stablecoins of 2025." If the legislation passes, it could usher in mainstream adoption of stablecoins for digital payments and spur growth in the stablecoin industry, said research scientist Christian Catalini. He added that traditional Wall Street firms and startups would also compete to offer stablecoins.

In this podcast episode, senior lecturer Steven Spear discussed the role of innovation in organizational transformation and the evolution of industry, emphasizing the importance of cultural shifts driven by Lean thinking.