The stratospheric rise of Generative AI platforms like ChatGPT and Bard has brought artificial intelligence to the forefront of innovation management. Driving Innovation with Generative AI, a conference jointly presented by the Mack Institute and AI at Wharton, brought together representatives from academia, industry, startups, and the venture capital world…Read More
Dear Members of the Mack Community, As 2023 comes to a close and we are entering the holiday season, it’s clear what distinguishes this year for the Mack Institute. While our agenda has always been focused on innovations driven by technological disruption, this is the first time a new technology…Read More
Christian Terwiesch, Mack Institute co-director and Wharton Professor of Operations, Information and Decisions, continues his exploration of Generative AI with a new paper entitled “Can AI Provide Ethical Advice?” Co-authored with Lennart Meincke, the paper details an experiment that pits advice from the New York Times famous “The Ethicist” column…Read More
Interested in attending our Fall '23 Conference, Driving Innovation with Generative AI: Strategies and Execution? Please fill out the form below and someone will be in touch. Details: Friday, November 10 The Wharton School, Philadelphia PA
The Mack Institute and AI at Wharton are pleased to announce our joint Fall 2023 conference, Driving Innovation with Generative AI: Strategies and Execution. Inspired by the explosive interest in generative AI platforms like ChatGPT and Bard, this event will bring together representatives from academia and industry to discuss this…Read More
The semester is underway — and so is this year’s Y-Prize competition! For twelve years, the Y-Prize competition has challenged students to build their entrepreneurial skills. Students team up to create business plans using technology invented at Penn Engineering. The team with the best commercial application wins $10,000 to help…Read More
Mack Institute co-director Christian Terwiesch and core team member Karl Ulrich have published an article in the Wall Street Journal detailing their research on on ChatGPT and idea generation. Based on a recent working paper, the article details their recent research, which compared business ideas generated by ChatGPT with ideas…Read More
Executive Summary: Our Spring ‘23 conference, “Creative Disruption? Innovations in Supply Chain Management,” highlighted the challenges and opportunities faced by global supply chains in the wake of unprecedented disruptions. Speakers from academia and industry discussed such themes as the balance between efficiency and resilience, the role of advanced technologies in…Read More 
Earlier this year, Christian Terwiesch, Mack Institute co-director and Wharton Professor of Operations, Information and Decisions, made headlines with his white paper showing that ChatGPT could easily pass a typical Wharton MBA exam. Now he and co-authors Karan Girotra, Lennart Meincke, and Karl T. Ulrich have released a new working…Read More
Doing Business in the Metaverse: Leveraging Innovations in Immersive Technology by Shankar Parameshwaran Business use cases within the metaverse are rapidly expanding. The $200 billion global gaming industry empowers its enthusiasts to save the world by egg-bombing enemies or create their own islands. Restaurant chains allow patrons to cook virtual…Read More
Will ChatGPT take my job? Does the rise of AI mean should I change my college major? We gathered together three of Wharton and Penn’s leading experts on artificial intelligence to discuss how LLMs like ChatGPT will impact the workplace and education in the future. Watch the full video above.…Read More
The automotive industry is on the brink of a massive transformation as autonomous vehicles (AVs) and electric vehicles (EVs) are poised to experience widespread growth and adoption over the next several years. While these new technologies hold tremendous potential in reducing carbon emissions, improving safety, enhancing mobility, and increasing efficiency,…Read More
The Penn Wharton Commercialization Workshop returned for the first time since 2019, offering a three-day event tailored to faculty, scientists, clinicians, and post-docs looking to commercialize their research and launch a new venture. The event, a partnership between the Mack Institute and the Office of the Vice Provost for Research,…Read More
One tenth of the world’s population has no access to electricity — and eighty percent of that population lives in Africa, where half the continent is still unelectrified. Wharton’s Serguei Netessine together with co-authors recently published a paper studying an innovative new approach to bringing electricity to off-grid Rwandans via…Read More
In recent years, events like the COVID-19 pandemic, the Ukraine war, and U.S. tensions with China have dramatically impacted global supply chains, drawing attention to their vulnerabilities and calling into question the widespread industry practice of prioritizing supply chain efficiency over resilience and crisis preparation. As firms continue to weather…Read More
Emerging metaverse technologies have equally passionate evangelists and skeptics, making it hard to separate hype from reality. Facebook was the subject of buzzy media headlines when it rebranded to Meta, but now faces plummeting stock and mass layoffs. At the same time, investors continue to pour billions into metaverse-related technology…Read More
Congratulations to Equimeter, winners of this year’s $10,000 Y-Prize! The team of undergrads proposed a commercial application for Penn’s physics-informed neural network that improves pulse oximetry in patients with darker skin. A pulse oximeter is a small device that clips to your finger and measures blood oxygen level. They became…Read More
The Mack Institute is pleased to announce the launch of Collective Impact Virtual Salon, an initiative of Wharton Management Professors Lori Rosenkopf and Dan Levinthal. Collective Impact is a knowledge-sharing and blogging initiative inspired by a series of faculty discussion groups convened by Rosenkopf and Levinthal during the pandemic. Collective Impact brings together top management scholars for…Read More
GPT, the artificial intelligence chatbot from OpenAI, went viral soon after its launch, drawing attention to and raising questions about the future of generative AI. But is it smart enough to pass a final exam in a typical Wharton MBA course? Mack Institute Co-Director Christian Terwiesch published his findings in…Read More
Dear Members of the Mack Community, The Winter Holiday Season is an opportunity to reflect on the year that is ending and to make plans for the one that is coming. For me, it means summarizing my initial experiences in the role of Executive Director of the Mack Institute and…Read More
