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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
The Importance of Venture Capital Funding for Startup and Growing Businesses

The Importance of Venture Capital Funding for Startup and Growing Businesses

Published on July 31, 2023

Apple Products Are Increasing Their Global Market Share

Apple Products Are Increasing Their Global Market Share

Published on July 25, 2023

Bimetallism Explained
Definitions Managing the economy

Bimetallism Explained

Published on July 25, 2023

What is Proprietary Trading, and How Does It Work?

What is Proprietary Trading, and How Does It Work?

Published on July 24, 2023

Has Machine Learning Become the New Trading Standard for Delivering Accuracy on Wall Street?

Has Machine Learning Become the New Trading Standard for Delivering Accuracy on Wall Street?

Published on July 24, 2023

FOMO – good for business, bad for mental health. How can we flip the trend?

FOMO – good for business, bad for mental health. How can we flip the trend?

Published on July 20, 2023

Price Ceiling Demystified
Definitions Managing the economy

Price Ceiling Demystified

Published on July 16, 2023

Relative Poverty
Definitions Managing the economy Global economics

Relative Poverty

Published on July 11, 2023

Productive Efficiency
Definitions Managing the economy Competitive markets

Productive Efficiency

Published on July 06, 2023

Capital Flight
Definitions Global economics Managing the economy

Capital Flight

Published on July 06, 2023

Newer Posts
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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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