“Power and Progress,” a new book by Institute Prof. Daron Acemoglu and Prof. Simon Johnson, has been named one of the best new books on economics by the Financial Times. “The authors’ nuanced take on technological development provides insights on how we can ensure the coming AI revolution leads to widespread benefits for the many, not just the tech bros,” writes Tej Parikh.
Writing for The New York Times, Institute Prof. Daron Acemoglu and Prof Simon Johnson make the case that “rather than machine intelligence, what we need is ‘machine usefulness,’ which emphasizes the ability of computers to augment human capabilities. This would be a much more fruitful direction for increasing productivity. By empowering workers and reinforcing human decision making in the production process, it also would strengthen social forces that can stand up to big tech companies.”
Latinx students were celebrated at the first MIT Latinx graduation celebration at the Media Lab on May 31, reports Arrman Kyaw for Diverse Issues in Higher Education. “It was an honor to plan the first Institute-wide Latinx graduation ceremony, a process that began over a year ago with the mission to recognize not only the academic achievements of our community but also this large milestone within our culture and heritage,” says Isabella Salinas ’23, president of the Latino Cultural Center.
On Friday, June 2, MIT celebrated the Class of 2023 with its undergraduate commencement ceremony, during which Chancellor Melissa Nobles addressed the graduates and students walked across the stage on Killian Court to receive their diplomas on a summer-like day. The Boston Herald featured a series of photographs from the event.
Institute Prof. Daron Acemoglu and Prof. Aleksander Mądry join GBH’s Greater Boston to explore how AI can be regulated and safely integrated into our lives. “With much of our society driven by informational spaces — in particular social media and online media in general — AI and, in particular, generative AI accelerates a lot of problems like misinformation, spam, spear phishing and blackmail,” Mądry explains. Acemoglu adds that he feels AI reforms should be approached “more broadly so that AI researchers actually work in using these technologies in human-friendly ways, trying to make humans more empowered and more productive.”
Prof. Daron Acemoglu speaks with VOX Talks host Tim Phillips about his new book written with Prof. Simon Johnson, “Power and Progress.” The book explores “how we can redirect the path of innovation,” Phillips explains.
VulcanForms, an MIT startup, is at the “leading edge of a push to transform 3-D printing from a niche technology — best known for new-product prototyping and art-class experimentation — into an industrial force,” writes David Scharfenberg for The Boston Globe. Scharfenberg notes that VulcanForms “could help usher in something new — a high-tech industrialism aimed straight at the country’s most pressing problems.”
Boston.com reporter Susannah Sudborough spotlights Mark Rober’s Commencement address to the MIT Class of 2023, during which Rober provided “three bits of life advice in a humor-filled commencement speech.” Rober relayed to graduates that “if you want to cross the river of life, you’re gonna get wet. You’re gonna have to backtrack. And that’s not a bug, that’s a feature. Frame those failures and slips like a video game, and not only will you learn more and do it faster, but it will make all the successful jumps along the way that much sweeter.”
During his Commencement address at MIT, Mark Rober urged graduates to embrace their accomplishments and boldly face any challenges they encounter," writes Ashley Soebroto for The Boston Globe. Rober emphasized that “the degree you’re getting today means so much to you precisely because of all the struggle and setbacks that you’ve had to endure.” Elisa Becker-Foss, who graduated with a master’s in finance, noted that it was “very cool to be here, and after all the hard work to finally find one day to come together and celebrate.”
The Economist spotlights how Boston Metal, an MIT startup, has developed a new process for creating steel that avoids producing greenhouse gas emissions. “Instead of releasing CO2 or steam, its approach produces pure oxygen—which is not merely harmless, but actually valuable,” The Economist notes.
Prof. Marzyeh Ghassemi speaks with NPR host Kate Wells about a decision by the National Eating Disorders Associations to replace their helpline with a chatbot. “I think it's very alienating to have an interactive system present you with irrelevant or what can feel like tangential information,” says Ghassemi.
Bloomberg reporter Adrian Wooldridge spotlights a new book titled “Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity” by Prof. Simon Johnson and Prof. Daron Acemoglu. “The authors’ main worry about AI is not that it will do something unexpected like blowing up the world,” writes Wooldridge. “It is that it will supercharge the current regime of surveillance, labor substitution and emotional manipulation.”
President Sally Kornbluth spoke with reporters from The Tech about her first months as president of MIT and her vision for her time leading the Institute. “MIT is a pretty decentralized place, so I am taking some time to get to know every nook and cranny,” says Kornbluth. She adds that in terms of her top priorities as president, “there's no question that climate change is at the very top of the list.”
Institute Prof. Daron Acemoglu discusses AI and the labor market, the history of technological progress and Turkey with Financial Times columnist Rana Foroohar. “I think the skills of a carpenter or a gardener or an electrician or a writer, those are just the greatest achievements of humanity, and I think we should try to elevate those skills and elevate those contributions,” says Acemoglu. “Technology could do that, but that means to use technology not to replace these people, not to automate those tasks, but to increase their productivity.”
Prof. Daron Acemoglu speaks with Wired reporters Gideon Lichfield and Lauren Goode about his new book with Prof. Simon Johnson, “Power and Progress.” Acemoglu explains that: “The way I would put it is, don't think of your labor as a cost to be cut. Think of your labor as a human resource to be used better, and AI would be an amazing tool for it. Use AI to allow workers to make better decisions.”