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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
Thanks to rapidly-adjustable websites and apps, airlines can engage in dynamic pricing.

Price Discrimination in the Airline Industry: How Airlines Maximize Revenue Through Dynamic Pricing

Published on March 11, 2025

Despite being created to save us time, modern appliances do not seem to make us any less busy.

The Paradox of Automation: How Labor-Saving Technology Can Create More Jobs

Published on March 11, 2025

A classic debate over fair pay for labor involves governments imposing minimum wage laws.

The Minimum Wage Debate: Do Higher Wages Boost Productivity or Destroy Jobs?

Published on March 07, 2025

Grocery prices may not seem to be rising.  Is it lower costs of production, or is it shrinkflation?

Inflation and Shrinkflation: How Firms Use Hidden Price Adjustments to Navigate Economic Turbulence

Published on March 07, 2025

Top down view of university auditorium
Behavioural economics Business economics Competitive markets

Labor Market Segmentation and Internal Labor Markets: Dual Labor Market Theory in Government-Aligned University Programs

Published on March 07, 2025

Close-up of several Brazilian 100 real banknotes, showing detailed blue design and partial faces on the currency.

Market Reversal Detection Through Algorithmic Forex Bots

Published on March 06, 2025

A digital stock market board displays red downward arrows and numbers at night with blurred city lights and pedestrians in the background.

Nvidia Faces Valuation Test as AI Capex Nears Peak

Published on March 06, 2025

 Andrey Rappoport
Profiles

Rappoport Andrey Natanovich: A Career Built on Strategy, Scale, and Impact

Published on March 05, 2025

Bitcoin coin on a laptop keyboard with a rising cryptocurrency price chart in the background.

The Hidden Economic Impact of Malware on Businesses

Published on March 05, 2025

 A bicycle parked outside a MoneyGram store, showcasing a typical urban setting.

Payday Lending as a Price of Liquidity: What the Data Says About Short-Term Credit

Published on March 05, 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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