沃顿商学院

As generative AI transforms the hiring process, Wharton’s Judd Kessler explains why cover letters are rapidly losing their value as signals of candidate quality and interest — and what firms and job seekers should rely on instead.Vantage Point is a new monthly rotating column featuring timely insights from Wharton faculty.Since 1482, when Leonardo da Vinci sent the first cover letter and resume to the Duke of Milan, candidates have — often begrud

The road to meaningful AI adoption should be paved with employee incentives. Wharton’s Scott Snyder draws a map to show business leaders how they can get there.Loading the Elevenlabs Text to Speech AudioNative Player…The following article was written by Scott A. Snyder, a senior fellow at Wharton, adjunct professor at Penn Engineering, former chief digital officer at EVERSANA, and author of the book Your AI Life: Foresight, In

AI automation could sharply increase productivity by the early 2030s, according to a Penn Wharton Budget Model brief, which estimated the likely impact on 784 occupations.

PHILADELPHIA, November 6, 2025 – Wharton Online today announced the launch of its new Innovation Strategy and Design Thinking Certificate, a fully online, self-paced credential designed to help professionals master innovation from idea generation through execution.

Summary: The current Social Security program faces a significant shortfall, equal to 4.2 percent of all future covered payroll over the next 75 years. This shortfall persists under alternative and favorable projections of fertility, interest rates, immigration and the projected impact of AI on future wages.Key Points:Modeling: PWBM uses a detailed microsimulation model to project Social Security’s future revenue and spending. The model

LONDON and PHILADELPHIA, September 12, 2025 – The PRI Academy and Wharton Executive Education are announcing the launch of a new executive education program, the Wharton/PRI Executive Certificate: Impact, Value and the Materiality of Sustainability, designed to equip investment professionals with the tools and insights needed to navigate today’s complex financial landscape. The course is being announced in the run-up to New York Climate

Summary:PWBM estimates that the COVID-era Employee Retention Credit (ERC) will have cost more than $300 billion when the IRS finishes processing claims later in 2025, nearly four times the initial projected cost. Most of the ERC was paid retroactively, well after pandemic-related economic disruptions had ended, limiting its effectiveness as a worker retention incentive.Key Points:1. The Joint Committee on Taxation (JCT) initially projected that t

re growing companies better off acting on new, innovative ideas — or scaling their existing ones? In “Capital, Ideas, and the Costs of Financial Frictions,” Professor Thomas Winberry explores how firms balance investment in current operations with the pursuit of future innovations. This paper earned the 2024 Marshall Blume Prize in Financial Research, awarded by the Rodney L. White Center for Financial Research, and is part of the Jacobs Lev

PHILADELPHIA, July 9, 2025 PHILADELPHIA, July 9, 2025 – Wharton Online today announced the launch of Leading an AI-Powered Future, a self-paced online executive program designed to equip professionals at every stage of their careers with the practical skills and confidence to lead in an era defined by artificial intelligence.As AI continues to transform industries and workplaces around the globe, there is growing demand for le