MIT Initiative on the Digital Economy (IDE)

We examine one of the most pressing questions of our time: How do we thrive in a period of profound digital transformation? Examining how people and businesses work, interact, and prosper. The MIT Initiative on the Digital Economy (IDE) is a team of visionary, internationally recognized thought leaders and researchers examining how people and businesses work, interact, and will ultimately prosper in a time of rapid digital transformation. Technology advances quickly, yet organizations and skills tend to move at a slower pace. In the coming decades, the divide between swiftly evolving technology and the slower pace of human development will grow wider as exponential improvements in artificial intelligence, robotics, networks, analytics, and digitization affect more and more of the economy and society. Inventing effective organizations and institutions suited for the digital economy is the grand challenge of our time, and for MIT in particular. Our research helps companies adapt to new ways of doing business in the digital economy. It helps NGOs and other organizations understand how the digital transformation is affecting society and everyday life. And it helps people become more productive and thrive in a time of great and uncertain change. The IDE is part of the MIT Sloan School of Management. With its core strengths in technology and innovation, no institution is better equipped to examine the digital economy. No other initiative or center in the world is exploring the effects of the digital economy with the same determination, focus, perspective or purpose as the IDE. We are also closely aligned with MIT’s Innovation Initiative, working together to enable inclusive innovation. Our team is led by MIT Sloan’s Sinan Aral and Andrew McAfee.