IBM is joining forces with MIT to establish a new lab dedicated to fundamental AI research, reports the AP. The new lab will focus on, “advancing the hardware, software and algorithms used for artificial intelligence. It also will tackle some of the economic and ethical implications of intelligent machines and look at its commercial application.”
IBM has invested $240 million to develop a new AI research lab with MIT, reports Jing Cao for Bloomberg News. “The MIT-IBM Watson AI Lab will fund projects in four broad areas, including creating better hardware to handle complex computations and figuring out applications of AI in specific industries,” Cao explains.
CNBC reporter Jordan Novet writes that MIT and IBM have established a new lab to pursue fundamental AI research. Novet notes that MIT, “was home to one of the first AI labs and continues to be well regarded as a place to do work in the sector.”
Boston Globe reporter Andy Rosen writes that MIT and IBM have established a new AI research lab. “It’s amazing that we have a company that’s also interested in the fundamental research,” explains Anantha Chandrakasan, dean of the School of Engineering. “That’s very basic research that may not be in a product next year, but provides very important insights.”
Writing for Fortune, Barb Darrow highlights how IBM has committed $240 million to establish a new joint AI lab with MIT. Darrow explains that, “the resulting MIT–IBM Watson AI Lab will focus on a handful of key AI areas including the development of new 'deep learning' algorithms.”
Financial Times reporter Martin Sandbu highlights how MIT researchers have quantified the contribution U.S. states can make to the Paris climate agreement. The researchers found that climate change policy, “reduces the risk for private sector investments in green energy-related sectors that are well on their way to becoming lucrative growth industries.”
FOX 25’s Bob Dumas reports on a study by MIT Medical that shows most parents could successfully perform strep tests at home. David Diamond, associate medical director of MIT Medical, explains that in the healthcare field, “we are empowering patients to help us take care of their health,” adding that this test, “would be yet another advance in this regard.”
A study by Prof. Tanveet Suri shows that a mobile-money service called M-Pesa had a long-term impact on poverty in Kenya, writes Tina Rosenberg for The New York Times. The researchers found that M-Pesa “helped women graduate from subsistence agriculture to small business, perhaps because having an M-Pesa account gives a woman her own money…and a greater sense of agency.”
Melvin Konner writes for The Wall Street Journal about new MIT research that shows mobile-money services helped lift at least 194,000 Kenyan households out of extreme poverty. The researchers found that the services significantly helped women, and estimated that mobile banking “induced 185,000 women to switch into business or retail” from farming, and increased saving.
Robert Gebelhoff writes for The Washington Post about a study by Prof. Tavneet Suri that shows mobile-money services helped reduce poverty in Kenya. The study “offers good evidence that having a place to put money that’s safe and easily accessible can make the lives of poor people considerably more efficient than cash-reliant economies,” Gebelhoff explains.
Writing for The Washington Post, Prof. Jessika Trancik examines how federal policy could impact global progress on responding to climate change. “We estimate that the U.S. can achieve the majority share of its original 2025 emissions reduction target even with federal policy changes,” Trancik explains.
MIT researchers have developed an app that compares automobile emissions and emissions reduction targets to allow consumers to find the most affordable and climate-friendly vehicles, reports Dana Nuccitelli for The Guardian. The app “allows consumers to check how their own vehicles – or cars they’re considering purchasing – stack up on the carbon emissions and cost curves.”
A study by MIT researchers finds that low-emissions vehicles are more cost effective when operating and maintenance costs are included in the price, writes Rae Ellen Bichell for NPR. The study also found that many battery electric and hybrid cars “already meet the global emissions goals the U.S. recently agreed to meet by the year 2030,” explains Bichell.
MIT researchers have found that low-emissions vehicles are among the least expensive to drive. Based off their findings, the researchers developed an app that helps consumers evaluate a car’s carbon impact, reports John Schwartz for The New York Times. “Consumers can save money and save emissions at the same time,” explains Prof. Jessika Trancik.
Oscar Williams of The Huffington Post writes that MIT researchers have found that electric vehicles could replace almost 90 percent of cars on the road. Williams notes that mass-scale adoption of electric vehicles could lead to a 30 percent reduction in transportation-related emissions.