MIT Initiative on the Digital Economy

The MIT Initiative on the Digital Economy is thrilled to be a part of MIT Sloan Action Learning through our Analytics Lab (MIT A-Lab) course over the past 10+ years! Check out this article below highlighting a 2023 project with MIT IDE corporate member, Akkodis. “The students' work exceeded our expectations, providing us with an advanced model and an interactive dashboard that can significantly enhance decision-making processes in the deployment of mobility hubs. Their fresh perspectives and analytic thinking resulted in practical, impactful solutions that can also set a foundation for similar future initiatives,” says Maria Bergving, Group SVP of marketing and brand at Akkodis. Want to learn more about becoming an A-Lab company? Reach out to us!

Google announced this month that it's rolling out GenAI search results for all US-based users - and the rest of the world soon after. Huge implications on how people reach and consume information, but there's still a lot of outstanding questions given LLM hallucination, licensing legal implications, and more. Sundar Pichai did an interesting interview in The Verge I've put in the comments - but it's clear that some answers are only going to be had once the tool is rolled out. We don't have all the answers, but fresh on the MIT Initiative on the Digital Economy's blog is an overview of Sinan Aral and Haiwen Li's soon to be published research on what drives trust in GenAI search results. Really important findings here, especially as we head into election season and voters look to understand their choices. These results were shared as part of the IDE's members-only Annual Conference last week... in June we'll share more research from each of the IDE's 8 research groups. https://lnkd.in/eJywacYe

Counting down the days to our exclusive members-only MIT Initiative on the Digital Economy Annual Conference next week! If you're a member and haven't secured your spot yet, now's the time. Not part of the MIT IDE community yet? Let's change that! Reach out to join us in shaping a brighter digital future. Thank you to our corporate members: Accenture (founding member), 3M, Akkodis, Microsoft, Netflix, SAP, and Starr Insurance. . . . . . The MIT IDE is lead by Sinan Aral (Director) and Andrew McAfee (co-Director) along with our research group leads: Dean Eckles, Renée Richardson Gosline, John Horton, Alex 'Sandy' Pentland, David Rand, and Neil Thompson.

Join us next Wednesday, May 15 for the final MIT Initiative on the Digital Economy Lunch Seminar of the semester with Sendhil Mullainathan and Ashesh Rambachan for their talk: "Do LLMs Understand? How Would We Know if They Did? Uses and Misuses of Large Language Models." Register via the links below free of charge, and join for lunch if you're on campus! Anyone can join online: https://lnkd.in/gui_zYbD IDE Members and MIT community can join in person: https://lnkd.in/gneVmhzN

🎉 Help us congratulate Renée Richardson Gosline, MIT Initiative on the Digital Economy Research Group Lead, on being awarded the MIT Sloan School of Management Jamieson Prize for Excellence in Teaching, established to honor educational innovation and excellence. Keep up the amazing work, Renée!

Neil, Tamay and Jayson, presented at the 2023 MIT IDE Annual Conference on i) Quantum Computing, ii) Specialized Computing Hardware, and iii) Algorithm Contributions to Computing Performance. Watch the recording here: https://lnkd.in/e7gAc86B

Join us online next Wednesday, May 8 for the MIT Initiative on the Digital Economy lunch seminar with Patrick Connolly from Accenture and our very own, Renée Richardson Gosline for their talk on "Improving Human + #GenAI performance with Beneficial Friction" 💻Join from anywhere free of charge: https://lnkd.in/dgaMeBp6

𝗛𝗼𝘄 𝗰𝗮𝗻 𝗕𝟮𝗕 𝗣𝗹𝗮𝘁𝗳𝗼𝗿𝗺𝘀 𝗳𝗼𝗹𝗹𝗼𝘄 𝘁𝗵𝗲 𝘀𝘂𝗰𝗰𝗲𝘀𝘀 𝗼𝗳 𝗕𝟮𝗖 𝗰𝗼𝘂𝗻𝘁𝗲𝗿𝗽𝗮𝗿𝘁𝘀?   The platform economy continues to evolve and grow, with marketplace, data, and IoT platforms showing potential to revolutionize entire industries. However, while B2C is demonstrating great success, many B2B platforms are failing to disrupt. Why?   At Hannover Messe yesterday, Tom Suess from Capgemini Invent joined Geoff Parker (Massachusetts Institute of Technology), Gerhard Kreß (Siemens) and Jon Sobel (Sight Machine) on our Intelligent Industry stage to explore just that.   Findings from our recent study, conducted in collaboration with our long-term partner MIT Initiative on the Digital Economy, set the foundation for this inspirational panel discussion. Our joint research yielded many surprising insights and enabled us to draw up nine necessary dimensions B2B players should consider when embracing the power of platforms.   The full report will be published soon. Don’t miss out - register interest today to receive your copy upon launch – https://bit.ly/3JBwywG   #GetTheFutureYouWant #IntelligentIndustry #HM24

To celebrate #earthday we're revisiting the 2023 MIT Platform Strategy Summit panel on the #circulareconomy. Beyond their use as commerce marketplaces, can #platforms accelerate #sustainability and reuse? Summit co-chair Peter C. Evans, PhD moderated the "Powering the Circular Economy with Platform Business Models" panel at the 2023 event. ✍ Find the full medium blog by Brian Eastwood here: https://lnkd.in/e9j9Y34E 📹 Access the event video: https://lnkd.in/eb3GKUwk 📰 Check out the 2023 MIT Platform Strategy Report for more: https://lnkd.in/ecrhzWri

Join us next Wednesday, April 24 for the MIT Initiative on the Digital Economy lunch seminar with guest Tania Babina for her talk "Artificial Intelligence and Firms' Systematic Risk" 💻Anyone can join online: https://lnkd.in/eKP2w-M5 📍IDE members and Massachusetts Institute of Technology Community can join in-person: https://lnkd.in/e_22NArh