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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
UK Budget 2018
Global economics

UK Budget 2018

Published on February 04, 2020

Cost Benefit Analysis
Market failures

Cost Benefit Analysis

Published on February 04, 2020

Global economics

Irish-backstop

Published on February 04, 2020

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EU_Debt

Published on February 04, 2020

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EU_Unemployment

Published on February 04, 2020

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EU_Unemployment

Published on February 04, 2020

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Theresa_May

Published on February 04, 2020

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UK_Affordability

Published on February 04, 2020

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UK_Employment

Published on February 04, 2020

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UK_Inequality

Published on February 04, 2020

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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

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