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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
A wallet with dollar bills and coins on a marbled tile.
Definitions Managing the economy

Pros and Cons of Universal Basic Income (UBI)

Published on October 03, 2024

Exploring PharmaZee's Economic Impact when Buying Compounded Semaglutide Online
Behavioural economics

Exploring PharmaZee's Economic Impact when Buying Compounded Semaglutide Online

Published on October 02, 2024

A smartphone displays a credit-building app, flanked by sunglasses and a smartwatch on a wooden surface.

The Dynamics of Credit Scores and Their Effect on Borrowing Power

Published on October 02, 2024

Two wooden blocks labeled "LOYALTY" and "PROGRAM" are placed atop a scattering of smaller wooden cubes on a wooden background.

Loyalty Programs as Two-Part Tariffs and Price Discrimination

Published on October 02, 2024

Understanding Loss Aversion Dividend Payouts in Finance

Understanding Loss Aversion Dividend Payouts in Finance

Published on October 02, 2024

An image of plant with a white background.
Definitions Business economics

Product Life Cycle (PLC)

Published on October 01, 2024

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Definitions Managing the economy

Central Planning

Published on October 01, 2024

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Definitions Managing the economy

Dependency Ratio Definition

Published on October 01, 2024

How Much of the UK Government Spending Goes to the Police Force?

How Much of the UK Government Spending Goes to the Police Force?

Published on September 29, 2024

Logo of H.I.G. Capital, featuring bold blue letters "H.I.G." followed by the word "CAPITAL" in uppercase, all on a white background.

H.I.G. Capital Completes Acquisition of 4Refuel for Up to CAD 400 Million

Published on September 28, 2024

Newer Posts
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Older Posts
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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