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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
Demographic Transition Model (DTM)
Definitions Global economics

Demographic Transition Model (DTM)

Published on November 08, 2022

Aggregate Economic Output Levels in U.S
Competitive markets Global economics

Aggregate Economic Output Levels in U.S

Published on September 24, 2021

What Is Keynesian Economic Theory?
Managing the economy Definitions Global economics

What Is Keynesian Economic Theory?

Published on August 26, 2021

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

What Are Trade Barriers?

Published on June 07, 2021

Understanding the laffer curve
Managing the economy Definitions Global economics

Understanding the laffer curve

Published on June 04, 2021

Alternatives to GDP in Measuring Countries
Managing the economy Global economics Labour markets

Alternatives to GDP in Measuring Countries

Published on October 06, 2020

What a rising PMI means for the global economy
Managing the economy Global economics

What a rising PMI means for the global economy

Published on October 05, 2020

Covid-19 consequences: inflation or deflation
Managing the economy Global economics

Covid-19 consequences: inflation or deflation

Published on August 03, 2020

Projected Impact of COVID-19 on Government Finances across Selected Countries
Managing the economy Global economics

Projected Impact of COVID-19 on Government Finances across Selected Countries

Published on August 01, 2020

Covid-19 Effect on Microfinance and the Third-World Economies
Global economics Behavioural economics

Covid-19 Effect on Microfinance and the Third-World Economies

Published on August 01, 2020

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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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