Writing for Fortune, Prof. Daron Acemoglu explores the estimated scale of AI’s impact on the labor market and productivity. “The problem with the AI bubble isn’t that it is bursting and bringing the market down,” writes Acemoglu. “It’s that the hype will likely go on for a while and do much more damage in the process than experts are anticipating."
MIT researchers have found that “when nudged to review LLM-generated outputs, humans are more likely to discover and fix errors,” reports Carter Busse for Forbes. The findings suggest that, “when given the chance to evaluate results from AI systems, users can greatly improve the quality of the outputs,” explains Busse. “The more information provided about the origins and accuracy of the results, the better the users are at detecting problems.”
Prof. Simon Johnson and Prof. David Autor speak with New York Times reporter Emma Goldberg about the anticipated impact of AI on the job market. “We should be concerned about eliminating them,” says Prof. Simon Johnson, of the risks posed by automating jobs. “This is the hollowing out of the middle class.”
Chanyeol Choi MS '19, PhD '21 and Subeen Pang MS '21, PhD '24 cofounded Linq, an AI startup that “helps hedge funds speed up their research into thousands of listed companies worldwide,” reports John Kang for Forbes. The company’s software “automates time-consuming equity research tasks, such as scanning for company announcements and news, building financial models and summarizing earnings reports and call transcripts,” explains Kang.
Intelmatix, an AI startup founded by by Almaha Almalki MS '18, Anas Alfaris MS '09, PhD '09 and Ahmad Alabdulkareem PhD '18, aims to provide businesses in the Middle East and North Africa with access to AI for decision-making, reports Annie Njanja for TechCrunch. . “The idea of democratizing access to AI has always been something that we’ve been very passionate about,” says Alfaris.
MIT researchers have developed “a robotic system that can rotate different types of fruit and vegetable using its fingers on one hand, while the other arm is made to peel,” reports Alex Wilkins for New Scientist. “These additional steps of doing rotation are something which is very straightforward to humans, we don’t even think about it,” Prof. Pulkit Agrawal. “But for a robot, this becomes challenging.”
Prof. Sherry Turkle shares the benefits of being polite when interacting with AI technologies, reports Webb Wright for Scientific American, underscoring the risks of becoming habituated to using crass, disrespectful and dictatorial language. “We have to protect ourselves,” says Turkle. “Because we’re the only ones that have to form relationships with real people.”
Penny Abeywardena of Forbes spotlights Joy Buolamwini PhD '22 and her work focused on the impacts of AI technologies on privacy. “We have to think about what we do when something goes wrong for the people I call the excoded, or in other words, those harmed by AI systems,” says Buolamwini. “We need to have pathways for redress and design with redress in mind.”
Prof. Stuart Madnick speaks with CNN reporter Allison Morrow about cybersecurity concerns stemming from the recent global technology outage. “There are organizations that we’re heavily dependent upon that we don’t even realize how dependent we are until they stop functioning,” says Madnick.
Forbes reporter Rodger Dean Duncan spotlights “The Skill Code: How to Save Human Ability in an Age of Intelligent Machines,” a new book by Research Affiliate Matt Bean SM '14, PhD '17. Duncan “explains Beane’s take on AI tools, collaboration and remote work, who suggests traditional mentoring is at risk in the workplace. Beane says today’s successful people have ‘discovered new tactics that others can use to get skills without throwing out the benefits of hybrid working arrangements.’”
Researchers from the Data Provenance Initiative, a research group led by MIT engineers, have found that “important web sources used for training AI models have restricted the use of their data,” reports Kevin Roose for The New York Times. “We’re seeing a rapid decline in consent to use data across the web that will have ramifications not just for A.I. companies, but for researchers, academics and noncommercial entities,” explains graduate student Shayne Longpre.
Prof. Stuart Madnick speaks with Boston Globe reporter Hiawatha Bray about how the CrowdStrike update caused a global IT outage. Madnick “expects the hits to keep on coming because so many companies depend on certain IT vendors,” writes Bray. “This is happening more and more often, and the consequences are even larger and larger,” cautions Madnick.
Visiting Scientist Ariel Ekblaw speaks with Scientific American’s Andrew Chapman about a microgravity water cooker called the H0TP0T, part of a mock space habitat set to open in Boston in early August. For the project “Ekblaw and a colleague interviewed nearly two dozen astronauts—who often mentioned better cooking options and tastier food as important ways to improve their well-being,” Chapman explains.
Prof. Armando Solar-Lezama speaks with The Wall Street Journal reporter Isabelle Bousquette about large language models (LLMs) in academia. Instead of building LLMs from scratch, Solar-Lezama suggests “students and researchers are focused on developing applications and even creating synthetic data that could be used to train LLMs,” writes Bousquette.
Prof. Michael Cusumano speaks with Associated Press reporters Matt O’Brien and Sarah Parvini about a new approach to AI acquisitions and the impact on smaller AI startups. “To acquire only some employees or the majority, but not all, license technology, leave the company functioning but not really competing, that’s a new twist,” says Cusumano.