When machine learning packs an economic punch

By Peter Dizikes | MIT News | December 20, 2019

A new study co-authored by an MIT economist shows that improved translation software can significantly boost international trade online — a notable case of machine learning having a clear impact on economic activity.

The research finds that after eBay improved its automatic translation program in 2014, commerce shot up by 10.9 percent among pairs of countries where people could use the new system.

Read full article here.

By MIT Sloan CDO
MIT Sloan CDO Profile Picture