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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
What Are Trade Barriers?
Competitive markets Definitions Global economics Managing the economy

What Are Trade Barriers?

Published on June 07, 2021

Understanding consumer sovereignty
Competitive markets Behavioural economics Definitions Managing the economy

Understanding consumer sovereignty

Published on June 07, 2021

What Is a Duopoly?
Competitive markets Definitions Managing the economy

What Is a Duopoly?

Published on June 07, 2021

Exploring the Economics of Trade Between the U.K. and the U.S. 
Competitive markets

Exploring the Economics of Trade Between the U.K. and the U.S. 

Published on April 09, 2021

All About VIX Options
Competitive markets

All About VIX Options

Published on December 23, 2020

Identifying Speculative Bubbles and Its Effect on Markets
Competitive markets Business economics Market failures

Identifying Speculative Bubbles and Its Effect on Markets

Published on October 13, 2020

Consumer Confidence Compared to Q2 Job Growth
Competitive markets Business economics Labour markets

Consumer Confidence Compared to Q2 Job Growth

Published on September 11, 2020

Arbitrage Price Theory vs. Capital Asset Pricing
Competitive markets Business economics

Arbitrage Price Theory vs. Capital Asset Pricing

Published on September 09, 2020

Covid-19 Chapter 11 Retail Bankruptcies and Restructures
Competitive markets Business economics

Covid-19 Chapter 11 Retail Bankruptcies and Restructures

Published on September 02, 2020

Economies of Scale and The Dangers of Monopolies
Competitive markets Managing the economy

Economies of Scale and The Dangers of Monopolies

Published on June 19, 2020

Newer Posts
Page 17 of 24
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AI logo and network powe

Beyond the Chips: Why Cables, Connectors and Power Networks Matter to AI Growth

Artificial intelligence is often presented as a race for faster processors and more capable software. Yet every large AI system also depends...
3 min read

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