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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
Making Industry Smart: IoT Transformations in Manufacturing

Making Industry Smart: IoT Transformations in Manufacturing

Published on March 17, 2023

Horizontal vs Vertical Marketplace: What’s the Difference and Which One to Choose?

Horizontal vs Vertical Marketplace: What’s the Difference and Which One to Choose?

Published on March 17, 2023

Things to consider when filing US Taxes from the UK as a US Expat

Things to consider when filing US Taxes from the UK as a US Expat

Published on March 13, 2023

The Environmental Impact of Renting vs. Buying Tools

The Environmental Impact of Renting vs. Buying Tools

Published on March 12, 2023

Financial Service Aggregator's Rise in Prominence

Financial Service Aggregator's Rise in Prominence

Published on March 11, 2023

Final Expense Sector Experiencing Anomalous Downturn

Final Expense Sector Experiencing Anomalous Downturn

Published on March 10, 2023

Inflationary Gap
Business economics Global economics Definitions Managing the economy

Inflationary Gap

Published on March 05, 2023

An image showing a light bulb.
Competitive markets Definitions Factors of production Market Failure Market failures Information Failure Behavioural economics

Allocative Efficiency

Published on March 05, 2023

Options Trading Demystified: 10 Key Concepts Every Trader Should Know

Published on March 02, 2023

Peer to Peer Transactions Increase in the Lending Sector

Peer to Peer Transactions Increase in the Lending Sector

Published on March 02, 2023

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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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