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AI is a convenient tool for getting answers in common language...but are these answers accurate?

The Economics of AI Hallucinations: Information Quality as a Market Good

Many of us love to use AI programs, from ChatGPT to Grok to Google Gemini, to give us answers to complex questions in simple, common language. But are we risking financial and economic inefficiency due to AI errors? Will consumers demand that their AI answers be human-verified?...
4 min read
International Student College Enrollment Trends in the US
Business economics Global economics Managing the economy

International Student College Enrollment Trends in the US

Published on June 02, 2020

Understanding the $2T Rescue Package for Covid-19 Relief
Managing the economy Global economics

Understanding the $2T Rescue Package for Covid-19 Relief

Published on June 02, 2020

Cash On-Hand For FAANG Companies during Covid-19
Business economics

Cash On-Hand For FAANG Companies during Covid-19

Published on June 02, 2020

College Education Costs and Inflation in the U.S and U.K
Business economics

College Education Costs and Inflation in the U.S and U.K

Published on June 02, 2020

Terminology in Economics that differ from common usage in English Grammar

Published on May 27, 2020

Eric Porat’s Take on How to Build a Successful Business Buying and Selling Websites
Questions

Eric Porat’s Take on How to Build a Successful Business Buying and Selling Websites

Published on May 24, 2020

CURRENT DEVELOPMENTS IN THE UK – THE ECONOMIC IMPACT OF THE COVID-19 PANDEMIC
Managing the economy

CURRENT DEVELOPMENTS IN THE UK – THE ECONOMIC IMPACT OF THE COVID-19 PANDEMIC

Published on May 19, 2020

How to Write an Economics Paper: A Step-by-Step Guide

Published on May 18, 2020

EU Monetary Policy
Global economics

EU Monetary Policy

Published on March 28, 2020

Monopsony
Business economics

Monopsony

Published on February 04, 2020

Newer Posts
Page 92 of 163
Older Posts
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

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