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The high costs of data centers has limited the expansion of AI for now, creating an oligopoly market.

Compute Constraints and the New Economics of Scarcity in AI

AI is here and creating wonders, but it's not expanding as rapidly as many first predicted. The reason is significant cost and supply constraints, limiting AI data centers to only a handful of large firms. What are the economic implications of this AI bottleneck?...
4 min read

Transforming the Automotive Supply Chain for 2022's Realities

Published on October 19, 2021

Command Economy
Managing the economy Definitions

Command Economy

Published on September 24, 2021

Defining Capital Goods
Definitions

Defining Capital Goods

Published on September 24, 2021

Reserve Ratio and Money Multiplier
Definitions

Reserve Ratio and Money Multiplier

Published on September 24, 2021

What Is Deadweight Loss?
Definitions

What Is Deadweight Loss?

Published on September 24, 2021

Using Asymmetric Information To Understand How Markets Work
Labour markets Managing the economy

Using Asymmetric Information To Understand How Markets Work

Published on September 24, 2021

Understanding Keynesian Theory of Excessive Saving
Managing the economy

Understanding Keynesian Theory of Excessive Saving

Published on September 24, 2021

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

Aggregate Economic Output Levels in U.S

Published on September 24, 2021

Complementary Goods Defined
Definitions Business economics

Complementary Goods Defined

Published on September 24, 2021

The Lorenz Curve
Definitions Managing the economy Behavioural economics Business economics

The Lorenz Curve

Published on September 24, 2021

Newer Posts
Page 102 of 183
Older Posts
We all have the same 24 hours in a day, meaning our attention is a valuable asset to advertisers!

Attention Markets and the Economics of Time Scarcity

Firms have only limited human attention spans to advertise to, creating attention markets that lead to rising advertising costs. As platforms capture more consumers' attention, what are the economic effects of potential monopolies on this attention?...
4 min read

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