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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
The public sector - government spending
Managing the economy

The public sector - government spending

Published on January 25, 2020

Investment
Managing the economy

Investment

Published on January 25, 2020

Savings
Managing the economy

Savings

Published on January 25, 2020

Household spending
Managing the economy

Household spending

Published on January 25, 2020

Aggregate demand
Managing the economy

Aggregate demand

Published on January 25, 2020

The circular flow of income
Managing the economy

The circular flow of income

Published on January 25, 2020

Managing the economy

National income

Published on January 25, 2020

Measuring performance
Managing the economy

Measuring performance

Published on January 25, 2020

Introduction to macroeconomics
Managing the economy

Introduction to macroeconomics

Published on January 17, 2020

The AD-AS model
Managing the economy

The AD-AS model

Published on January 04, 2020

Newer Posts
Page 25 of 26
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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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