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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
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Global economics

Diverging Inflation Dynamics: A Comparative Analysis of the Eurozone and the United States

Published on December 07, 2024

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Definitions Business economics

Proportional Tax

Published on December 06, 2024

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Global economics Managing the economy Definitions

The Evolution and Challenges of the Circular Economy: From Utopia to Reality

Published on December 05, 2024

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Behavioural economics Business economics Competitive markets

Global Wage Arbitrage vs. Algorithmic Arbitrage: How AI Rewrites Comparative Advantage in the Homework Economy

Published on December 05, 2024

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Behavioural economics Business economics Competitive markets

Long Tail of AI Services: When Every Micro-Niche Gets a Bot — An Application of Long-Tail Markets & Love-of-Variety Economics

Published on December 05, 2024

Row of charming Victorian-style houses with large bay windows, a white van parked in front, and greenery in the foreground.

Property Market Proves Robust Despite Pre-Budget Slowdown

Published on December 05, 2024

New plants sprout from stacks of coins against a world map and a fluctuating graph, symbolizing growth and investment.

Saving Strategies for Businesses Across Economic Borders

Published on December 05, 2024

A composite image of Big Ben surrounded by digital elements and the text "AI", with the UK flag subtly in the background.

Economics AI: How Artificial Intelligence Is Transforming the UK Economy and Consumer Spending

Published on December 05, 2024

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Global economics Managing the economy

Transition Risk: Navigating the Financial Implications of Climate Mitigation Strategies

Published on December 04, 2024

Photo of hand holding a smartphone with text "eSIM" on a yellow background.
Behavioural economics Business economics Competitive markets

eSIM Platforms, Roaming, and the Erosion of National Telecom Rents: Market Integration & Platform Economics in Action

Published on December 04, 2024

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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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