WBUR: "MIT Sloan School of Management will open its second international office in Bangkok this fall. MIT says the office will support learning activities and foster collaboration across Southeast Asia."

"Not only will the MIT Sloan Office for Southeast Asian Nations support ongoing action learning activity for our current students, but it will also allow us to broaden our focus on key areas including climate, artificial intelligence, and the future of work," said Georgia Perakis, John C Head III Dean (Interim) at the MIT Sloan School of Management, in a statement.

Senior associate dean for external engagement Kathryn Hawkes said MIT continues to grow in the ASEAN region with over 1,900 alumni. "Our faculty and students continue to have many interests that draw them to the region. This is an opportunity to benefit the future of the region and to build upon the important work already underway and being planned for future academic programming, research, and relationship building."

Senior lecturer Paul McDonagh-Smith said: "While AI technologies and techniques are at the forefront of today's technological innovation, it remains a field defined — as it has from the 1950s — by both significant achievements and considerable hype."

The glaring problem with publicly available AI tools is that they're "inherently sociopathic," professor Andrew W. Lo and co-author wrote in a research report. "This sociopathy seems to cause the characteristic glibness of large language model output; an LLM can easily argue both sides of an argument because neither side has weight to it," they wrote. It may be able to role-play as a financial advisor by relying on its training data, but the AI needs to have a deeper understanding of a client's state of mind to build trust.

New research by assistant professor Charles Angelucci and co-author shows that the vast majority of Americans can reliably discern real news stories from fake ones and that a bigger threat to democracy may be lack of access to reliable news sources.

Principal research scientist Barbara Wixom said: "AI is advanced data science, and you need to have the right capabilities in order to work with it and manage it properly. Like any tool, it creates no value unless it's used properly."

The rise of real-time businesses is real, and is the next step in digital evolution, says a study conducted by senior research scientist Peter Weill of the MIT Center for Information Systems Research (CISR) in conjunction with Insight Partners. "Operating increasingly in real-time helps companies sense and respond to changes in an increasingly volatile business environment. There is no longer time to pass decisions up and down the traditional business hierarchy," the report states.

Professor Kristin Forbes said: "We do need to sometimes raise rates before inflation takes off. They'll have to go back to making it more symmetric of how they think about both inflation and unemployment."

Professor John Sterman said politicians find it easier to pass policies that subsidize and promote low-carbon technologies. He said that's not enough. "It's also necessary to discourage fossil fuels by pricing them closer to their full costs, including the costs of the climate damage they cause."

Despite the fact that the early internet was dominated by men, for example, young American women were more online than their male counterparts by 2005. On top of this, professor Danielle Li notes that the studies do not actually show whether men's current ChatGPT use translates into better or more productive work. At the moment, the technology may be more of a digital toy, she says. Perhaps, then, high-achieving women are simply better at avoiding distraction.

Costco remains known for its no-questions-asked return policy, high-quality products and cheerful customer service. Employees are paid significantly better than their counterparts at major retailers. That helps create "a stable, motivated, capable team," said professor of the practice Zeynep Ton. Perhaps most important is Costco's abiding reputation for low prices. "They don't mark up anything more than 14 or 15 percent," Ton said.

Institute Professor Daron Acemoglu wrote: "Trump's threat to US institutions must be taken seriously. Once again, the only way to defend American democracy is to use democratic means to defeat him. Democracy thrives when it delivers real-world results and helps people fulfill their aspirations. In practice, that means promoting economic prosperity, security, fairness, competent governance, and stability."

Senior associate dean for executive education Peter Hirst wrote: "With the AI field developing so rapidly, the challenge lies in finding training programs that align with your organization's specific business objective. As interest surges, many individuals are quickly transitioning to become voices in the AI discourse, adding to the diversity of perspectives."

Lili Wondwossen (MBA '24) said: "I chose MIT Sloan because I believed it would provide me with the technical knowledge and entrepreneurial mindset necessary to address the healthcare supply chain gap in Ethiopia and other emerging and developing countries."

Associate Dean Fiona E. Murray and co-authors wrote: "Deep-tech ventures are startups dedicated to taking ideas from the lab bench to scaled global impact. And although these companies have great promise, adopting their breakthrough developments requires patience, a tolerance for risk, and capital."

Professor Deborah J. Lucas said: "The Fed has been very concerned about fighting inflation, but it has finally shown that inflation is declining and that it can take the labor market into consideration. This is very good news for interest rate cuts."

Professor Deborah J. Lucas said that every economist at the Jackson Hole Symposium will try to share their opinion on what the Fed should do next. Monetary policy is like a giant, slow ship, she said. And people spend their entire careers dreaming of a chance to help steer it.