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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
Global shocks
Global economics

Global shocks

Published on January 29, 2020

The shape of the AD curve
Managing the economy

The shape of the AD curve

Published on January 29, 2020

Gender-pay-gap
Business economics

Gender-pay-gap

Published on January 29, 2020

Unemployment
Managing the economy

Unemployment

Published on January 29, 2020

Economics – schools of thought
Definitions

Economics – schools of thought

Published on January 29, 2020

Price Stabilisation
Market failures

Price Stabilisation

Published on January 29, 2020

Paris Summit COP21
Market failures

Paris Summit COP21

Published on January 29, 2020

Indirect taxes
Competitive markets

Indirect taxes

Published on January 29, 2020

Financial products
Competitive markets

Financial products

Published on January 29, 2020

Inefficiency
Market failures

Inefficiency

Published on January 29, 2020

Newer Posts
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Older Posts
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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