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Prof. Sarah Williams speaks with Newsweek reporter Micah McCartney about how China’s construction boom lead to largely uninhabited developments dubbed “ghost cities”. Williams explains: “They needed a return on their investment, so they opened up new land and new loans for overleveraged real estate developers, so those developers could use these loans to pay back previous loans. The easy way to describe it is that it is a bit of a Ponzi scheme."
Prof. Jonathan Gruber speaks with Marketplace reporter Elizabeth Trovall about looming labor shortages within the caregiving industry and elder care. “We have no plan for credibly meeting that massive change in the long-term care needs of our population,” says Gruber.
Prof. Jeffrey Harris speaks with Newsweek reporter Jasmine Laws about how a recession could impact Medicare. "A recession could impact many critical decisions of federal lawmakers, private insurers, healthcare providers, and patients,” says Harris. “The U.S. Congress may decide to let stand the Medicare physician payment cut that became effective on January 1 of this year. Reduced physician payments under conventional Medicare may cause doctors, hospitals and other providers to shift their resources toward the care of younger, commercially insured patients."
Prof. David Autor speaks with Financial Times reporter Tom Davis about the impact of dataism – the belief that through gathering increasing amounts of information businesses can make the right decisions and create value - and automation in business management. “You can think of automation as a machine that takes a job’s inputs and does it for the worker,” says Autor. “[And] augmentation as a technology that increases the variety of things that people can do, the quality of things people can do, or their productivity”.
MIT has been named among the top-performing intuitions in the QS World University Rankings by Subject 2024, reports The Economic Times. MIT ranks “first in 12 subjects, maintaining its stronghold in fields like engineering, technology, and computer science,” explains Economic Times.
Prof. Jonathan Gruber speaks with GBH All Things Considered news anchor Judie Yuill to address recession concerns. “I think the important takeaway I have is that the real risks for our nation are not really short term, they’re long term,” explains Gruber. “We are a knowledge, investment and innovation-based economy. That’s what made America great for 80 years. The base of that innovation — the base of this knowledge economy — is our world-leading universities. If we start cutting them, we’re going to pay a long-run price in terms of our ability to grow as a nation.”
Prof. Jonathan Gruber speaks with WCVB reporter Jackie DeFusco about the role of tariffs on manufacturing jobs in the United States. "Regardless of where the tariffs end up, the fact they're moving around so much is going to lower hiring,” says Gruber. “Whether the tariffs end up raising or lowering hiring once they're locked in, I think it is unclear.”
As part of MIT’s Artfinity festival - a new festival of the arts at MIT featuring 80 free performing and visual arts events, celebrating creativity and community – this month’s After Dark event on Thursday, March 13th at the MIT Museum will be free and open to the public, reports Marianna Orozco for The Boston Globe. Attendees will be able to enjoy “a night of activities, including a ‘Flash Portrait’ drawing and textile design, as well as live DJ sets, open exhibits by faculty, and a talk from Behnaz Farahi, the interdisciplinary designer behind ‘Gaze to the Stars,’ which has brought the MIT dome to life,” explains Orozco.
Writing for the Financial Times, Prof. Abhijit Banerjee and Prof. Esther Duflo highlight the importance of foreign aid. “Reaffirming the most basic principle of aid would provide clarity,” they write. “The goal should be to invest in projects that will have the largest impact on the quality of life of poor people around the world. Saving lives during environmental catastrophes qualifies, as does financing global public goods such as vaccinations or epidemic control. Helping local actors to learn from each other and adopt the most effective ways to fight poverty can also have enormous benefits, even if this sounds a bit vague. That is because any aid money invested can then be spent in the best way possible.”
Writing for Project Syndicate, Prof. Daron Acemoglu addresses the potential benefits and risks posed by AI advancements. “AI, properly developed and used, can indeed make us better – not just by providing ‘a bicycle for the mind,’ but by truly expanding our ability to think and act with greater understanding, independent of coercion or manipulation,” explains Acemoglu. “Yet owing to its profound potential, AI also represents one of the gravest threats that humanity has ever faced. The risk is not only (or even mainly) that superintelligent machines will someday rule over us; it is that AI will undermine our ability to learn, experiment, share knowledge, and derive meaning from our activities.”
Prof. Sarah Millholland, Prof. Christian Wolf, Prof. Emil Verner, Prof. Darcy McRose, Prof. Marzyeh Ghassemi, Prof. Mohsen Ghaffari and Prof. Ariel Furst have received the 2025 Sloan Research Fellowship for “being among the most promising scientific researchers currently working in their fields,” reports Michael T. Nietzel for Forbes. “Sloan Research Fellows are chosen in seven scientific and technical fields—chemistry, computer science, Earth system science, economics, mathematics, neuroscience, and physics,” explains Nietzel.
CBS News reporter Chris Tanaka spotlights the 20th anniversary of the Catalyst Collaborative – a collaboration between MIT and two non-profit theater companies aimed at creating and presenting plays that deepen public understanding of science and technology. "I think some of the scientists gave ideas, stories of science to the theater people, some of which later became plays,” says Prof. Alan Lightman on the Catlyst Collaborative. “And I think the scientists learned the way that artists think.”
MIT’s Artfinity festival kicked off with a performance of “SONIC JUBILANCE” at the newly opened Edward and Joyce Linde Music Building, reports Maddie Browning for WBUR. The campus-wide festival, which runs through May 2, is open to the public and features student, faculty and staff participation in “concerts, augmented reality experiences, exhibitions, films and more,” writes Browning. Artfinity is an opportunity "to show that the arts are very important and very central to the lives of people at MIT,” said Prof. Marcus Thompson, festival co-lead.
Prof. Jonathan Gruber speaks with GBH’s Boston Public Radio hosts Jim Braude and Margery Eagan about the CARD Act and the Consumer Financial Protection Bureau. “There is a legitimate role for credit in our society for those who use it appropriately,” explains Gruber. “And you don’t want to shut that down… We need to really be rethinking how we do regulation in the U.S.”
MIT’s Artfinity Festival kicks off on Saturday, February 15th with a celebration of the new Edward and Joyce Linde Music Building and Thomas Tull Concert Hall featuring a free afternoon open house and evening concert, writes A.Z. Madonna for The Boston Globe. “What this building brings to us is support for performance of all different types of music, whether it’s classical or jazz or world music, and then the ability to support various functions with our students,” says Keeril Makan, associate dean of SHASS.