Researchers say AI that creates content threatens to disrupt the big players (Netflix, TikTok, and Youtube) in video streaming because it changes the power and economics. — By Atin Gupta and Geoffrey G. Parker, courtesy of Harvard Business Review Generative AI is an artificial intelligence model that, when trained on massive datasets, can generate text, images, audio, and video by predicting the next word or pixel. The simplest input (called a prompt) to generative AI is a…

Debates rage about the capabilities of these new forms of AI, but there’s no doubt they are a sign of things to come — By Irving Wladawsky-Berger Large language models (LLMs) — e.g., BERT, GPT-3 — and chatbots like ChatGPT, are quite impressive. In the coming years, they will likely lead to a number of transformative tools and applications. They may well herald a coming AI revolution. But, how much closer are they getting…

MIT researchers argue that adding robots to workplaces benefit corporations, workers and the economy — By Beth Stackpole, Courtesy of MIT Sloan It’s a familiar narrative: Robots and other forms of automation, while good for driving business efficiencies, are a death knell for the modern workforce. Yet, introducing robots to the workforce could serve as a positive force, delivering benefits to corporations as well as…

How we find jobs and how we work at them are just a two areas of life totally transformed by AI and digital platforms since the pandemic. Experts debate the best — and worst-case — scenarios. — By Peter Krass Weak ties still matter for job seekers — at least, in some industries. Artificial intelligence needs to be designed much more deliberately. And remote work requires re-imagined forms of management. …

Chief data officers are focused on data governance, building a data-driven culture, and deriving value from data — By Sara Brown What’s on the minds of chief data officers as they head into 2023? The need to balance data safety with new data initiatives, deliver business value, and change company culture around data. These are a few of the findings from a 2022 survey of more than 350…

MIT Thinker-Fest on February 23 examines the biggest issues in technology and society today — By Paula Klein “What the global pandemic has demonstrated is both the opportunity and necessity presented by the virtual economy… [We will] see new icons, influencers and entrepreneurs within virtual worlds. …

Are MBA-trained CEOs to blame for wage stagnation? — New study links business degrees to CEOs who prize profits and productivity over employee wages By Irving Wladawsky-Berger Several weeks ago I listened to a very interesting podcast, Are MBAs to Blame for Wage Stagnation, with Freakonomics Radio host, Stephen Dubner and MIT economist Daron Acemoglu. …

A [Human] Chat about GPT-3 with Michael Schrage — With all of the buzz surrounding the nascent Generative Pre-trained Transformer 3 (GPT-3) technology — from talk about displacing huge sectors of workers to student plagiarism running rampant — the MIT IDE wanted to take some of the sting out of the conversations and offer a high-level perspective about the…

Problems with online payment persist, but improvements are unfolding — Irving Wladawsky-Berger A few months ago, the Linux Foundation (LF) announced its intent to launch the Open Wallet Foundation (OWF) in early 2023. …