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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
Binding Price Floor
Definitions Managing the economy Labour markets

Binding Price Floor

Published on July 31, 2023

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

Newer Posts
Page 59 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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