With an estimated 96% of codebases incorporating Free and Open Source Software (FOSS), it forms the backbone of modern businesses, driving innovation and reducing costs across industries. However, its decentralized and distributed nature makes assessing its health, economic value, and security a significant challenge. The recently released report, Census III of Free and Open Source […]
Analysis of financial disclosures for publicly traded companies can be a time consuming and costly process these days. In the study, “Scaling Core Earnings Measurement with Large Language Models”, Matthew Shaffer, an Assistant Professor at USC’s Marshall Business School, and Charles C.Y. Wang, the Tandon Family Professor of Business Administration at Harvard Business School, explore […]
In today’s fast-evolving business landscape, the ability to innovate rapidly has become a defining factor for success. Companies like Netflix, Amazon, and Microsoft have leveraged robust experimentation frameworks to enhance decision-making, optimize products, and continue innovating. Iavor Bojinov, Assistant Professor at Harvard Business School and Principal Investigator at the Digital Data Design Institute (D^3) Data […]
In the rapidly evolving world of technology and open collaboration, companies face a paradox: how much control to maintain over the technologies they develop while providing access to foster innovation and attract external contributions. In their study, “Igniting Innovation: Evidence from PyTorch on Technology Control in Open Collaboration,” authors Daniel Yue, Assistant Professor at the […]
Regulatory agencies like the Occupational Safety and Health Administration (OSHA) and the state agencies it oversees have significant responsibilities in ensuring safe working conditions in millions of workplaces nationwide. However, these agencies face significant challenges due to limited resources, and inspect less than 1% of workplaces annually. In their article, “Making Workplaces Safer Through Machine […]
As artificial intelligence (AI), data, and analytics reshape industries worldwide, leaders in the Middle East are forming our understanding of these technologies and their impact, both in their own region and globally. On November 7, 2024, the Digital Data Design (D^3) Institute at Harvard hosted a panel featuring prominent voices from sectors such as finance, […]
With the rise of tech giants across the globe, there has been increasing concern about the consequences their dominance creates for market competition. Governments in various countries have responded by implementing antitrust regulations to curtail the power of these digital platforms. In China, the introduction of the Anti-Monopoly Guidelines for the Platform Economy in February […]
Open source software (OSS) underpins much of today’s digital infrastructure, and is prevalent in everything from operating systems to cloud services. Thus, understanding the real economic impact of OSS is essential for fostering sustainable development and guiding strategic investments, especially for policymakers. To highlight the significant, yet often invisible, contributions of OSS on the global […]
The growth of big data, particularly the availability of real-time information through alternative sources, may be reshaping the dynamics of institutional lending. A recent paper, “Gone with the Big Data: Institutional Lender Demand for Private Information”, by HBS Assistant Professor of Business Administration and researcher at D^3’s Digital Value Lab, Jung Koo Kang, explores these […]
The COVID-19 pandemic brought both a public health crisis and a significant shift in economic dynamics. Consumer spending patterns changed rapidly, highlighting the way inflation is measured. Alberto Cavallo, Harvard Business School professor and co-director of D^3’s Pricing Lab described this issue in his research, “Inflation with Covid Consumption Baskets,” first published in 2020 in […]
