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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 close-up view of rows of shiny gold bars, each stamped with "FINE GOLD 999.9" and weighing 1000 grams.

The Strategic Role of Physical Gold and Silver in UK Wealth Preservation

Published on December 21, 2024

A precision robotic arm hovers over a circuit board with illuminated buttons, showcasing advanced technology in a manufacturing environment.

Why Skilled PCB Assembly Has Real Economic Value

Published on December 21, 2024

A network of stylized human figures connected by blue lines on a gradient background, representing social connections or teamwork.

Why Reliable Business Communication Still Drives Growth in the Digital Economy

Published on December 19, 2024

Image of an oil rig in the water
Definitions Global economics Factors of production

Theory of Absolute Advantage

Published on December 18, 2024

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Definitions Managing the economy Global economics

Expansionary Monetary Policy

Published on December 17, 2024

Examples of Threats in SWOT Analysis
Definitions Business economics

Examples of Threats in SWOT Analysis

Published on December 16, 2024

Producer Surplus Equation
Definitions Competitive markets

Producer Surplus Equation

Published on December 12, 2024

A blurred stock market display shows fluctuating prices in bright red and green digits, with traders visible in the background.

Apple Balances Record Profits with Pressure to Lead in AI

Published on December 11, 2024

A busy shipping port filled with colorful containers and towering red cranes against a backdrop of the sea and distant mountains.

European Online Stores that Ship to the UK: How Do Customs Work and How Does Brexit Affect Them

Published on December 11, 2024

A scientist in a lab coat holds a tablet, surrounded by laboratory equipment and colleagues working in the background.

How Regulation Shapes the UK Health Economy: The Distinct Functions of the HRA and MHRA

Published on December 11, 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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