President L. Rafael Reif

Wall Street Journal reporter Melissa Korn writes that 2U, an education technology company, will acquire edX for $800 million. The proceeds flow to a new nonprofit, led by MIT and Harvard, which will “focus on reducing inequalities in access to education. It will maintain the open-access course platform built by edX, research online and hybrid-learning models, and work to minimize the digital divide that still serves as a barrier for many younger students and adults,” writes Korn. 

President L. Rafael Reif has been named to the board of the Massachusetts Competitive Partnership, reports Jon Chesto for The Boston Globe. “Reif is expected to focus in particular on the Partnership’s “Growing the Innovation Economy” committee, whose goals include enhancing science, math, and computer education in public schools in Massachusetts,” writes Chesto.

President L. Rafael Reif speaks with Sabri Ben-Achour of Marketplace about the importance of the Senate passing a new bill that invests in research and development. “We are in a science and technology race for the future,” says Reif. “It is with science and technology that we address things like Covid and the biggest challenges the world has; the health of our economy, our security. That is key to all of the above.”

MIT has announced a new climate action plan aimed at helping the Institute tackle climate change, reports Kristina Chen for The Tech. The plan offers increased opportunities for student involvement and a new organizational structure. Maria Zuber, MIT’s vice president for research, explains that MIT feels “that it’s our responsibility and duty to try to make a genuine difference, and to do that, we’re going to need the help of everyone in the community.” 

Profs. Elsa Olivetti and Christopher Knittel speak with J.D. Allen of WSHU about the future of renewable energy in New England. Olivetti notes that the MIT Climate & Sustainability Consortium is aimed at “looking at the role of industry in helping to accelerate the transition to reduce carbon emissions, and the idea is that by convening a set of cross economy, leading companies with the MIT community, we can identify pathways towards decarbonization particularly focused on those industries outside of the energy producing sector.”

Writing for The Boston Globe, President L. Rafael Reif emphasizes the importance of finding affordable, equitable ways to bring the global economy to net-zero carbon by 2050. “If individuals and institutions in every part of the economy and society tackle the pieces of the problem within their reach and collaborate with each other,” writes Reif, “we have a real shot — an Earthshot — at preserving a habitable world.”

Wall Street Journal reporter Dieter Holger spotlights the MIT Climate and Sustainability Consortium. Holger notes that in January “IBM joined a dozen other companies—including Apple Inc., Verizon Communications Inc. and Boeing Co. —as the inaugural members of the MIT Climate and Sustainability Consortium to develop technologies to combat climate change.”

Forbes contributor Adi Gaskell spotlights how the MIT Task Force on the Work of the Future recently released a comprehensive report examining the future of work. Gaskell writes that the Task Force's report emphasizes the “pressing issues of our time as one of improving the quality of jobs to ensure that prosperity is shared across the economy.”

Writing for the Financial Times, Ryosuke Harada highlights a new MIT report that emphasizes the “importance of education and investment in human resources and warns that in the absence of a strategy, jobs will be lost and divisions in society will widen.”

Axios reporter Bryan Walsh writes that during the virtual AI and the Work of the Future Congress, Elisabeth Reynolds, executive director of the MIT Task Force on the Work of the Future, noted that “education and training are central to helping the current and next generation thrive in the labor market.”

Elisabeth Reynolds, executive director of the MIT Task Force on the Work of the Future, speaks with Annie Nova of CNBC about the Task Force’s new report, which lays out recommendations for ensuring Americans are able to secure good jobs in an era of automation. “We’re suggesting that people have access to affordable education and training,” says Reynolds. “I think there’s a real opportunity to help transition people and educate workers without four-year degrees.”

Axios reporter Bryan Walsh writes that a new report by MIT’s Task Force on the Work of the Future makes policy recommendations for ensuring American workers are able to secure good jobs. “If we deploy automation in the same labor market system we have now," says Prof. David Mindell, "we're going to end up with the same results.”

Three years after President L. Rafael Reif delivered an “intellectual call to arms” to examine the impact of technology on jobs, the MIT Task Force on the Work of the Future has published its final set of recommendations. “In an extraordinarily comprehensive effort, they included labor market analysis, field studies and policy suggestions for changes in skills-training programs, the tax code, labor laws and minimum-wage rates,” writes Steve Lohr for The New York Times.

Katie Rae, CEO and managing partner of The Engine, speaks with Forbes reporter David Jeans about the second round of funding raised by The Engine and how the venture is looking to help support tough tech ideas. “These are things with often longer [investment] timeframes,” Rae says. “They’ve almost always been backed by government-led research, and now they are ready to translate into companies.”

TechCrunch reporter Danny Crichton writes that The Engine has announced a second round of funding aimed at supporting tough tech startups. Crichton notes that, “with this latest news from The Engine, it seems clear that Boston’s tough tech ecosystem will continue to have a pipeline of interesting and compelling companies.”