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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
Answer zinc student
Questions

Answer zinc student

Published on January 31, 2020

Questions on CBA
Questions

Questions on CBA

Published on January 31, 2020

Exchange Rate
Questions

Exchange Rate

Published on January 31, 2020

Questions on global shocks
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Questions on global shocks

Published on January 31, 2020

Questions on government failure
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Questions on government failure

Published on January 31, 2020

Questions on national income
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Questions on national income

Published on January 31, 2020

Questions on taxation
Questions

Questions on taxation

Published on January 31, 2020

Questions on vanilla prices
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Questions on vanilla prices

Published on January 31, 2020

Questions select category from menu
Questions

Questions select category from menu

Published on January 30, 2020

Questions on global economic problems
Questions

Questions on global economic problems

Published on January 29, 2020

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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?
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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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