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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
Developers working behind a shared table in an open work space.

The Economics of Hiring a Dedicated Development Team: Cost vs Value Analysis

Published on May 21, 2025

Emerging Business Trends in the UAE: 2025 and Beyond

Emerging Business Trends in the UAE: 2025 and Beyond

Published on May 20, 2025

Utility and Consumer Surplus in the Age of Retail CFD Index Trading

Utility and Consumer Surplus in the Age of Retail CFD Index Trading

Published on May 20, 2025

Will AI-improved autopilot programs reduce the need for humans in airliner cockpits?

AI in the Workforce: Substitution, Complementarity, and Wage Pressures

Published on May 18, 2025

Many consumers are taking advantage of BNPL services to break up expensive payments into four or more installments.

How Buy Now, Pay Later Is Changing Household Finance

Published on May 18, 2025

Image of a beautiful cathedral in Spain.
Behavioural economics Competitive markets Business economics

How Purchasing Power Parity Explains the Boom in International Retirement Services

Published on May 15, 2025

Risk Premiums and the Economics of Unsecured Business Lending

Risk Premiums and the Economics of Unsecured Business Lending

Published on May 14, 2025

Modern data centres and cloud infrastructure have become essential economic assets, supporting digital services, AI development, and global information flows.

GPU Futures Could Turn Computing Power Into a Tradable Commodity

Published on May 14, 2025

Smartphone apps allow workers in the gig economy to quickly take on individual tasks for cash payment.

The Gig Economy and the Disintegration of the Traditional Labor Contract

Published on May 12, 2025

Can companies use powerful data analysis tools to figure out how much each of us is willing to pay?

Why Data Is the New Oil: Market Power in the Age of Information Capitalism

Published on May 12, 2025

Newer Posts
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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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