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Today, thanks to Application Programming Interfaces (APIs), diverse software can communicate with each other.

API Economies and the Modularization of Production

The dozens of apps on your phone can communicate with each other thanks to Application Programming Interfaces (APIs), which revolutionized software beginning in the year 2000. What are the economic ramifications of modularized production, where add-ons and expansions abound?...
4 min read
Will Declining Consumer Spending Cause Deflation?
Uncategorized Business economics Managing the economy Market failures

Will Declining Consumer Spending Cause Deflation?

Published on August 11, 2020

5 Largest Bull Markets in Recent History
Business economics Managing the economy

5 Largest Bull Markets in Recent History

Published on August 03, 2020

How is Bridging Finance Being Used in the UK?
Business economics

How is Bridging Finance Being Used in the UK?

Published on July 29, 2020

U.S. Job Losses During the Covid-19 Pandemic by Ethnicity
Business economics Managing the economy

U.S. Job Losses During the Covid-19 Pandemic by Ethnicity

Published on July 06, 2020

Understanding The Economic Model of Human Behavior
Business economics Behavioural economics

Understanding The Economic Model of Human Behavior

Published on July 06, 2020

What is an inverted yield curve recession
Business economics Definitions Questions

What is an inverted yield curve recession

Published on July 06, 2020

How yield to maturity Is calculated
Business economics Questions

How yield to maturity Is calculated

Published on July 06, 2020

Common global Macro-economic indicators
Business economics

Common global Macro-economic indicators

Published on July 06, 2020

The growth of tech sector economic dominance
Competitive markets Business economics

The growth of tech sector economic dominance

Published on June 19, 2020

The Ever-rising Role of Automation in Japan
Business economics

The Ever-rising Role of Automation in Japan

Published on June 11, 2020

Newer Posts
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AI can work much faster than human employees, but rates of AI hallucinations and other errors remain significant.

The Economics of AI Hallucinations and Error Costs

AI can be great, but "AI hallucinations" are frequent when AI software attempts to plug in data holes with information that it creates. This can include "ghost citations" of false sources of information. What will firms do to limit the dangers of AI error?...
4 min read

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