During the post-pandemic inflation "there was pain involved for people whose wages didn’t keep up with prices," Professor Kristin Forbes said. "Thinking about the path forward policymakers need to weigh not just what's happening to inflation and employment but also think about the impact on the price level, the impact on cost of living."

Research scientist Eric Rosengren joined 'Squawk Box' to discuss what kind of reimagining is happening with the global economic order, what will come from Trump's tariff agenda, and more.

The key challenge in implementing AI agents, said professor Retsef Levi, is making sure they "don't degenerate and erode critical human capabilities," especially in the areas where humans are superior to AI: Identifying nuance; sensitivity to changing conditions, exceptions, and anomalies; and sensing a new context. "Don't confuse performance with capability,” advised Levi.

"What the market really didn't like was the random crazy math of the tariffs," said professor Simon Johnson. "It seemed like they didn't know what they were doing and didn't care. It's a whole new level of madness."

Andrew W. Lo said there are three main fields where it is "quite dangerous" to seek advice from AI: legal, financial, and medical. "All three of those areas have very large dangers if they're not done well," he said.

Professor Catherine Wolfram said: "From a climate perspective, it's good if China makes huge investments in green steel. But from a U.S. competitiveness perspective, if that's the way the world is going, toward clean versions of these products, we're losing ground."

Professor Sinan Aral warned: "If you repeal Section 230, one of two things will happen. Either platforms will decide they don't want to moderate anything, or platforms will moderate everything."

In a recent anonymous survey, oil and gas companies expressed that Trump was creating "uncertainty" and pushed back against his tariff efforts. "Firms do not like economic uncertainty. The 'drill baby drill' goal is not coming into fruition because of all this economic uncertainty," said professor Christopher Knittel.

Our disagreement about fundamental reality also stems from how our political affiliations are tied up with our identities, said assistant professor Vicky Chuqiao Yang. Some degree of ordinary polarization can be healthy, she said, when people express different approaches to handling our environmental, healthcare and foreign policy problems. The other kind of polarization is toxic — hatred, contempt or fear of people who disagree with our views.

Senior lecturer Robert Pozen wrote: "Many of the tax cuts in the Tax Cuts and Jobs Act of 2017 expire at the end of this year. If Congress decides to extend these tax cuts for a decade, that decision would increase the U.S. deficit by at least $3.8 trillion and probably closer to $4.5 trillion, according to the conservative Tax Foundation."

Professor Yasheng Huang said: "China and the US are examples of economies that complement each other. But in reality, the two countries are like people who got married without knowing the religion of the other."

Senior lecturer James Rhee said: "Traditional companies are losing massive shares to startups that work with flat organizational structures that urge its individuals to innovate, debate and bring their best opinions to the forefront. Those startups might not be describing themselves in terms of kindness, but many aspects of this type of high-agency organizational structure are indeed kind."

Professor Y. Karen Zheng, Director of the Leaders for Global Operations Program said: "MIT LGO is very pleased to collaborate with Chulalongkorn University on this project. This collaboration will not only enhance the curriculum, but also include joint research, exchange of faculty, researchers, and students, as well as MIT LGO's participation in developing Thai industries to advance along with world-class standards."