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AI is a convenient tool for getting answers in common language...but are these answers accurate?

The Economics of AI Hallucinations: Information Quality as a Market Good

Many of us love to use AI programs, from ChatGPT to Grok to Google Gemini, to give us answers to complex questions in simple, common language. But are we risking financial and economic inefficiency due to AI errors? Will consumers demand that their AI answers be human-verified?...
4 min read
What Is Leverage Ratio?
Managing the economy Definitions

What Is Leverage Ratio?

Published on April 25, 2021

Quota Sampling

Quota Sampling

Published on April 19, 2021

The Impact of UK Home Improvement Businesses on the Real Estate Industry
Business economics

The Impact of UK Home Improvement Businesses on the Real Estate Industry

Published on April 19, 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

Who Is to Blame When Fuel Prices Rise Dramatically?
Managing the economy

Who Is to Blame When Fuel Prices Rise Dramatically?

Published on April 08, 2021

3 PROVEN WAYS TO BENEFIT FROM A FOREX BONUS

3 PROVEN WAYS TO BENEFIT FROM A FOREX BONUS

Published on April 05, 2021

How to Start Online Trading in 4 Simple Steps
Managing the economy

How to Start Online Trading in 4 Simple Steps

Published on January 30, 2021

How Data Engineering Can Help Online Businesses Thrive in the Digital Age
Questions

How Data Engineering Can Help Online Businesses Thrive in the Digital Age

Published on January 19, 2021

Different Pensions Available in the UK
Questions

Different Pensions Available in the UK

Published on January 18, 2021

The Impact Of Education On Economic Growth
Managing the economy

The Impact Of Education On Economic Growth

Published on December 28, 2020

Newer Posts
Page 100 of 178
Older Posts
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

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