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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
Explaining The K-Shaped Economic Recovery from Covid-19
Uncategorized Business economics Managing the economy Market failures

Explaining The K-Shaped Economic Recovery from Covid-19

Published on November 03, 2020

Will Declining Consumer Spending Cause Deflation?
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Will Declining Consumer Spending Cause Deflation?

Published on August 11, 2020

The Effectiveness of Economic Stimulus Around The Globe
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The Effectiveness of Economic Stimulus Around The Globe

Published on June 07, 2020

Cost Projections for Covid-19 Treatment in U.S
Uncategorized Business economics Managing the economy Market failures

Cost Projections for Covid-19 Treatment in U.S

Published on June 03, 2020

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Published on February 04, 2020

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Published on February 04, 2020

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Published on February 04, 2020

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Published on February 04, 2020

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As streaming subscription costs continue to rise, many customers are experiencing "subscription fatigue" and logging off.

Subscription Fatigue and Consumer Optimization in Digital Markets

Streaming entertainment services seemed like a great deal a decade ago. Now, rising costs have reduced consumers' utility significantly. How can streaming firms fight subscription fatigue and keep longtime customers from canceling due to price hikes?...
4 min read

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