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Thanks to APIs, many programmers can create add-ons and extensions to existing software.

API Economies and the Modularization of Production

Thirty years ago, you had to buy entirely new software when your current program became obsolete. Today, you can download an extension, patch, or upgrade. Thanks to APIs, application programming interfaces, these "modular" additions to software can come from virtually anywhere....
4 min read
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

Brexit-Related Payment Issues Persist: How Fintech Helps Businesses Cope

Brexit-Related Payment Issues Persist: How Fintech Helps Businesses Cope

Published on February 28, 2023

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Although increasingly popular, AI still makes serious mistakes...which could cost companies big bucks in damages.

The Economics of AI Hallucinations and Error Costs

To save money on labor, many companies want to use AI to automate basic office functions, from customer service to research. However, AI is prone to making mistakes that are confidently presented as accurate facts. What are the economic implications of unchecked AI use by companies?...
5 min read

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