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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

Embracing Business Growth: The Essentials of Internationalization, Localization, and Globalization

Published on October 23, 2022

Economic Benefits of the Museum Sector for the Berlin Economy

Economic Benefits of the Museum Sector for the Berlin Economy

Published on October 23, 2022

Microsoft and Google are at war on AI. Who will Prevail?
Business economics Competitive markets

Microsoft and Google are at war on AI. Who will Prevail?

Published on October 21, 2022

What Are the Fiscal Benefits of Starting a Green Business?

What Are the Fiscal Benefits of Starting a Green Business?

Published on October 21, 2022

Customizing Learning Paths for UK Corporate Training: Maximizing LMS Capabilities for Employee Development

Published on October 20, 2022

How to Protect Your Personal Data from Cybercriminals Easily

How to Protect Your Personal Data from Cybercriminals Easily

Published on October 20, 2022

Economic Benefits of Outdoor Recreation And Tourism

Economic Benefits of Outdoor Recreation And Tourism

Published on October 20, 2022

Strategies to Effectively Manage Risks with Automated Crypto Trading Platforms in Immediate Connect

Strategies to Effectively Manage Risks with Automated Crypto Trading Platforms in Immediate Connect

Published on October 19, 2022

Beyond Borders: How Citizenship Enhances Your Global Mobility?

Beyond Borders: How Citizenship Enhances Your Global Mobility?

Published on October 16, 2022

Leasing in the Automotive Sector Amidst Higher Interest Rates

Leasing in the Automotive Sector Amidst Higher Interest Rates

Published on October 11, 2022

Newer Posts
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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

Recent Post

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December 30, 2025
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

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