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.
The IDE conducts four types of activities focused on the digital economy:
The IDE conducts groundbreaking research performed by world-class thought leaders, and in collaboration with our stakeholders.
The IDE hosts conferences, roundtables, Jeffersonian dinners, and other events throughout the year that assemble thought leaders to discuss, debate, and take informed action on issues related to the digital economy.
The IDE offers two distinct learning opportunities: an Action Learning course on analytics (A-Lab) for MIT graduate students and digitally delivered Executive Education programs.
The IDE invites bright minds to spend a day, a week, a semester, or a year with our research teams to collaborate on research, publications, and events.
Our 2020 Annual Report Recaps a New Chapter for the IDE
In early 2020, we began to refresh our approach and accelerate in new directions. After co-founding the IDE in 2014, Professor Erik Brynjolfsson handed over the reins to our new director, Professor Sinan Aral, who along with co-director Andrew McAfee will now lead our organization. Aral’s energy, fresh vision, and expertise position the IDE to continue our cutting-edge research on the most prevalent and pressing issues facing the digital economy today.Download the 2020 Annual Report