MIT lost its ability to attract talent about two decades ago. Talent wants to work their. The endowment is obscene, and they won't lose their ability to afford talent.
What they cant do is screen talent.
For faculty positions, the competition is extreme; around 1000:1. That lends itself to people who cheat the system. In this case, it means, at the very least, overselling results, baking data, and giving TED-style talks. In many cases, it results in much worse.
The extreme competition also drives off many people who just want to nerd.
MIT isn't going away anytime soon, but that's why I think the problems may be hard to fix. The culture is broken.
What they cant do is screen talent.
For faculty positions, the competition is extreme; around 1000:1. That lends itself to people who cheat the system. In this case, it means, at the very least, overselling results, baking data, and giving TED-style talks. In many cases, it results in much worse.
The extreme competition also drives off many people who just want to nerd.
MIT isn't going away anytime soon, but that's why I think the problems may be hard to fix. The culture is broken.