Nobel laureate Simon Johnson on AI and the workforce
"You have to deliver on shared prosperity in any democracy for it to be viable."
"You have to deliver on shared prosperity in any democracy for it to be viable."
"Barreling toward us are three epochal changes poised to reshape the U.S. economy in coming years."
"We don't have time anymore, up and down the organizational hierarchy, to get approval. We have to make decisions in real time."
"Our research shows mathematically that the overwhelming driver of that burst of inflation in 2022 was federal spending, not the supply chain."
Individuals with low financial literacy tend to follow advice without assessing its quality, leaving them vulnerable to unsuitable advice.
"Paying workers low wages is actually very expensive for companies because of the costs of high turnover and the costs associated with low wages.
Studies show startups with older founders are more likely to succeed.
We asked 8 MIT Sloan faculty members about their new projects and what they see as the most exciting — and concerning — aspects of the AI boom.
"There's one year less time to cut emissions and avoid climate catastrophe."
"The EU can and should develop its own version of DARPA, but only after it understands the pillars on which the agency stands."