BCG is a consortium member at the MIT Media Lab, an academic department funded by industry members to develop and deploy an incredibly broad range of research. This partnership enables both BCG and our clients to stay competitive in a rapidly changing world fueled by emerging technologies.
For more than 30 years, MIT Media Lab researchers have created technologies to make lives safer, cleaner, healthier, fairer, and more productive. The lab fosters over 600 active projects covering all sectors, from blockchain to civic media.
BCG's partnership with the MIT Media Lab serves as a springboard for innovative thinking, helping the firm advance cutting-edge solutions to better serve our clients. For four years, we have engaged with the MIT Media Lab by collaborating on projects, publishing reports, and connecting our clients and BCG teams with researchers for insight and inspiration.
BCG provides directed research funding to MIT’s Digital Currency Initiative (DCI), an interdisciplinary group of MIT Media Lab researchers, member companies, academics, and influencers on the revolutionary technology that is blockchain. As with the internet, blockchain technology has the potential to affect all aspects of business, from supply chains to financial transactions and audit trails.
Through our engagement with DCI, we strive to conduct fundamental research on blockchain and digital currency topics that address questions on security, stability, scalability, privacy, and the internal economics of these systems. To work toward this goal, BCG serves as a collaborator on two DCI working groups: health care applications and digital fiat currencies.
BCG and MIT Media Lab cohosted an event in 2017 focused on the challenges and opportunities associated with the adoption of artificial intelligence across business functions. Through a BCG GAMMA master class and a series of keynote talks from BCG and MIT Media Lab speakers, the attendees engaged on how to strike the right balance between buying and making AI; the future of emotional intelligence in human-AI integration; and the impact of public perception on AI strategy implementation.
The new technology can help manage increasingly complicated and fluid networks of manufacturers and suppliers at a time when transparency, speed, and agility are critical.
MIT's Center for Civic Media's citizen dataset, Promise Tracker, empowers citizens to collect information that contributes to greater transparency and government accountability locally.