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Digital twins and AI modeling can help companies determine exactly when maintenance should be done to maximize efficiency.

The Economics of Digital Twins and Predictive Maintenance

Large companies may be spending billions of dollars a year in inefficient maintenance on their capital goods, either doing too much maintenance and wasting money or not enough maintenance and dealing with equipment failure. Can digital twins and AI end this inefficiency?...
4 min read
Competitive markets

Alternative-finance-for-housing

Published on February 04, 2020

Bonds
Competitive markets

Bonds

Published on February 04, 2020

Food_prices
Competitive markets

Food_prices

Published on February 04, 2020

Indifference curves
Competitive markets

Indifference curves

Published on February 04, 2020

Micro-economics
Competitive markets

Micro-economics

Published on February 04, 2020

Shifts_in_demand
Competitive markets

Shifts_in_demand

Published on February 04, 2020

YED_answers
Competitive markets

YED_answers

Published on February 04, 2020

Job acceptances
Competitive markets

Job acceptances

Published on February 04, 2020

Competitive markets

Bond-yields

Published on February 04, 2020

Commodity agreements
Competitive markets

Commodity agreements

Published on February 04, 2020

Newer Posts
Page 13 of 19
Older Posts
As AI makes fake news harder to distinguish from factual information, will consumers begin paying for verified sources?

The Economics of Deepfake Detection: Trust, Verification, and Information Markets

As AI makes fake news and misinformation harder and harder to detect, will consumers and producers begin paying for verification and certification of authenticity? Should governments get involved to re-establish trust in information to soothe roiling markets?...
4 min read

Recent Post

What would happen if sellers could use AI to determine how much you are willing and able to pay for every possible product?
The Economics of Hyper-Personalization: When Every Consumer Gets a Different Price
December 24, 2025
Thanks to the ease of remote work with today's technology, do cities still enjoy an agglomeration advantage?
The Geography of Remote Work: Are Cities Losing Their Agglomeration Advantage?
December 19, 2025
Instead of paying for Internet ads or TV commercials featuring celebrities, many firms are now using social media influencers to endorse products.
The Economics of Micro-Influencers: Reputation, Pricing, and Market Structure
December 19, 2025

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