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AI is a convenient tool for getting answers in common language...but are these answers accurate?

The Economics of AI Hallucinations: Information Quality as a Market Good

Many of us love to use AI programs, from ChatGPT to Grok to Google Gemini, to give us answers to complex questions in simple, common language. But are we risking financial and economic inefficiency due to AI errors? Will consumers demand that their AI answers be human-verified?...
4 min read
Balance_of_payments_answer
Managing the economy

Balance_of_payments_answer

Published on January 29, 2020

Common Agricultural Policy
Global economics

Common Agricultural Policy

Published on January 29, 2020

Brexit referendum - UK votes 'leave'
Global economics

Brexit referendum - UK votes 'leave'

Published on January 29, 2020

A single market
Global economics

A single market

Published on January 29, 2020

The European Union
Global economics

The European Union

Published on January 29, 2020

Global economics

Trans-Pacific_Partnership_TPP

Published on January 29, 2020

Global economics

European_financial_stability_fund

Published on January 29, 2020

Global shocks
Global economics

Global shocks

Published on January 29, 2020

The shape of the AD curve
Managing the economy

The shape of the AD curve

Published on January 29, 2020

Gender-pay-gap
Business economics

Gender-pay-gap

Published on January 29, 2020

Newer Posts
Page 127 of 178
Older Posts
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

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