Economics
Economics

Making the art world more accessible

The startup NALA, which began as an MIT class project, directly matches art buyers with artists.

MIT welcomes Frida Polli as its next visiting innovation scholar

The neuroscientist turned entrepreneur will be hosted by the MIT Schwarzman College of Computing and focus on advancing the intersection of behavioral science and AI across MIT.

MIT affiliates named 2024 Schmidt Futures AI2050 Fellows

Five MIT faculty members and two additional alumni are honored with fellowships to advance research on beneficial AI.

What do we know about the economics of AI?

Nobel laureate Daron Acemoglu has long studied technology-driven growth. Here’s how he’s thinking about AI’s effect on the economy.

Despite its impressive output, generative AI doesn’t have a coherent understanding of the world

Researchers show that even the best-performing large language models don’t form a true model of the world and its rules, and can thus fail unexpectedly on similar tasks.

Large language models don’t behave like people, even though we may expect them to

A new study shows someone’s beliefs about an LLM play a significant role in the model’s performance and are important for how it is deployed.

A data-driven approach to making better choices

In the new economics course 14.163 (Algorithms and Behavioral Science), students investigate the deployment of machine-learning tools and their potential to understand people, reduce bias, and improve society.

School of Engineering welcomes new faculty

Fifteen new faculty members join six of the school’s academic departments.

Does technology help or hurt employment?

Combing through 35,000 job categories in U.S. census data, economists found a new way to quantify technology’s effects on job loss and creation.

Most work is new work, long-term study of U.S. census data shows

The majority of U.S. jobs are in occupations that have emerged since 1940, MIT research finds — telling us much about the ways jobs are created and lost.