Today at MIT: Unhealthy banking, molecular editing, AI and financial planning + more
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MIT DailyApril 9, 2026 |
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Greetings! Here’s the latest from the MIT community.
Replies to this email will not be received. If you have feedback to share, email mitdailyeditor@mit.edu.
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Professor Emil Verner’s research shows that bank runs generally finish off already flawed business instead of upending viable ones. “When banks fail, it’s usually because these banks have taken a lot of risk and have big losses,” he says. |
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Researchers develop molecular editing tool to relocate alcohol groups |
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This new technique will allow chemists to efficiently fine-tune the chemical structure of an organic molecule. |
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Desirée Plata appointed associate dean of engineering |
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The faculty member in civil and environmental engineering will advance research and entrepreneurial initiatives across the School of Engineering. |
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MIT graduate engineering and business programs ranked highly by U.S. News for 2026-27 |
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The graduate engineering program is No. 1 in the nation; MIT Sloan is No. 6. |
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AI may replace your financial advisor, MIT professor says — but there’s one big hurdle // CNBC |
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Professor Andrew Lo discusses the increasing use of AI systems for financial planning and advice. “The problem that we have to solve is not whether AI has enough [financial] expertise. ... Clearly, AI has the expertise,” says Lo. “What they don’t have is that fiduciary duty. They don’t have the ability to suffer consequences if they make a mistake to the same degree that a human advisor does.” |
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Area, in square feet, of exhibition and gallery space across the MIT campus, including the Public Art Collection, List Visual Arts Center, and the Koch Institute Public Galleries |
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