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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 Economics in Banking as a Service (BaaS) Ventures

Embracing Business Economics in Banking as a Service (BaaS) Ventures

Published on September 22, 2022

An example of seasonal unemployment depicted in a ski slope in summer, with its ski lifts not in operation.
Labour markets Managing the economy

Seasonal Unemployment

Published on September 19, 2022

Socialism Vs. Communism
Definitions Managing the economy

Socialism Vs. Communism

Published on September 19, 2022

The History of the Battle Pass and its Impact on Microtransactions

The History of the Battle Pass and its Impact on Microtransactions

Published on September 19, 2022

Is it a good time to buy a house in the UK?

Published on September 13, 2022

The 6 Most Critical Financial Challenges Companies Face in 2023

Published on September 13, 2022

Trade Wars and Protectionism: Impacts on the Global Economy

Published on September 08, 2022

5 Business Finance Methods For Automation and Efficiency Upgrades

5 Business Finance Methods For Automation and Efficiency Upgrades

Published on September 07, 2022

Emerging Strategies Small Businesses Use During Recessions

Published on August 30, 2022

5 Situations Where Outsourcing Payroll Doesn’t Make Sense

Published on August 30, 2022

Newer Posts
Page 87 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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Thanks to the ease of remote work with today's technology, do cities still enjoy an agglomeration advantage?
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