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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
Close-up of a financial trading screen displaying the EUR/GBP currency pair with fluctuating line graph and market data.

The Economics of Trade Copying: How Cloud Technology Is Reshaping Retail Trading

Published on December 02, 2024

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Managing the economy

Economic Diversification and the Reincarnation of Saudi Arabia

Published on December 01, 2024

Five miniature workers in yellow hard hats climb and work on large white interlocking gears against a blue background.

Improving Market Efficiency Through Payment Orchestration: A UK Guide

Published on November 29, 2024

A sleek white private jet parked on a runway under a bright blue sky with fluffy clouds, showcasing its elegant design.

Reducing Transaction Costs: Transportation Innovations for Global Business Events

Published on November 28, 2024

Business Investment Trends 2025: How AI, Data and Supply Chains Shape Productivity and Growth

Business Investment Trends 2025: How AI, Data and Supply Chains Shape Productivity and Growth

Published on November 27, 2024

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Forex Trading Managing the economy

What Caused the Stock Market Crash of 1929?

Published on November 26, 2024

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Definitions Business economics

Collective Bargaining Definition

Published on November 25, 2024

A friendly robot with a white and black design gestures hello while sitting at a desk with a laptop in a modern office setting.

Shifting the Cost Curve: How AI Voice Drives Extreme Economies of Scale in Content Production

Published on November 25, 2024

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Definitions Managing the economy

Expansionary Fiscal Stance

Published on November 24, 2024

A digital credit card surrounded by a network of blue circuit lines on a dark background, symbolizing online transactions.

Blockchain Payment Gateways and Transaction Costs

Published on November 23, 2024

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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