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The high costs of data centers has limited the expansion of AI for now, creating an oligopoly market.

Compute Constraints and the New Economics of Scarcity in AI

AI is here and creating wonders, but it's not expanding as rapidly as many first predicted. The reason is significant cost and supply constraints, limiting AI data centers to only a handful of large firms. What are the economic implications of this AI bottleneck?...
4 min read
How SEPA Transfers Facilitate the Adoption of Crypto in Europe

How SEPA Transfers Facilitate the Adoption of Crypto in Europe

Published on September 22, 2023

Timur Kulibayev, Kazakh Businessman: Major Philanthropic Projects for the Good of Kazakhstan
Profiles

Timur Kulibayev, Kazakh Businessman: Major Philanthropic Projects for the Good of Kazakhstan

Published on September 17, 2023

Crowding Out
Definitions Managing the economy

Crowding Out

Published on September 14, 2023

Pareto Efficiency
Definitions Competitive markets Market Failure

Pareto Efficiency

Published on September 14, 2023

Which Tools Do Economic Analysts Rely On [Financial Analysis Software]

Which Tools Do Economic Analysts Rely On [Financial Analysis Software]

Published on September 13, 2023

Barriers to Entry
Definitions Competitive markets

Barriers to Entry

Published on September 12, 2023

How Studying Business Administration Will Benefit You And Your Business

How Studying Business Administration Will Benefit You And Your Business

Published on September 12, 2023

Isoquant Curves Simplified
Definitions Factors of production

Isoquant Curves Simplified

Published on September 11, 2023

Agglomeration Economies
Definitions Business economics Global economics

Agglomeration Economies

Published on September 11, 2023

Tips for Entrepreneurs in 2024

Tips for Entrepreneurs in 2024

Published on September 10, 2023

Newer Posts
Page 56 of 167
Older Posts
We all have the same 24 hours in a day, meaning our attention is a valuable asset to advertisers!

Attention Markets and the Economics of Time Scarcity

Firms have only limited human attention spans to advertise to, creating attention markets that lead to rising advertising costs. As platforms capture more consumers' attention, what are the economic effects of potential monopolies on this attention?...
4 min read

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