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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
Development constraints
Global economics

Development constraints

Published on January 27, 2020

'New' growth theory
Global economics

'New' growth theory

Published on January 27, 2020

New Classical Theory
Global economics

New Classical Theory

Published on January 27, 2020

Dependency theory
Global economics

Dependency theory

Published on January 27, 2020

Structural change theory
Global economics

Structural change theory

Published on January 27, 2020

Linear growth theories
Global economics

Linear growth theories

Published on January 27, 2020

PPP
Global economics

PPP

Published on January 27, 2020

MEW
Global economics

MEW

Published on January 27, 2020

Economic development
Global economics

Economic development

Published on January 27, 2020

Trade_with_the_EU
Global economics

Trade_with_the_EU

Published on January 27, 2020

Newer Posts
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As AI makes fake news harder to distinguish from factual information, will consumers begin paying for verified sources?

The Economics of Deepfake Detection: Trust, Verification, and Information Markets

As AI makes fake news and misinformation harder and harder to detect, will consumers and producers begin paying for verification and certification of authenticity? Should governments get involved to re-establish trust in information to soothe roiling markets?...
4 min read

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