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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
A fuel price display at a gas station showing the prices with a bright blue sky in the background.
Managing the economy Global economics

Does the US President Control Inflation?

Published on September 27, 2024

Closeup of golden bitcoins on a dark reflective surface and the histogram of decreasing crypto

Why Crypto Entrepreneurs Are Choosing Switzerland

Published on September 25, 2024

Surge Pricing in the Age of AI: Fairness or Exploitation?

Surge Pricing in the Age of AI: Fairness or Exploitation?

Published on September 25, 2024

An image of different country flags.
Global economics Managing the economy

Why Economic Sanctions Have Historically Never Worked to Achieve Their Aims

Published on September 22, 2024

A collection of "I Voted" stickers resembling the USA flag scattered on a white surface.
Managing the economy

Government Price Setting vs. Price-Gouging Laws

Published on September 22, 2024

A hand painted like the flag of Russia.
Managing the economy Global economics

Analyzing Russian Economic Resilience in the Post-Sanctions Era

Published on September 22, 2024

A person using the laptop looking at data and analytics.

Did Reparations to France Hamper Haitian Economic Growth?

Published on September 21, 2024

An image of cherry blossom.
Factors of production Managing the economy Global economics

MITI and the Economic Development Miracle of Japan

Published on September 21, 2024

An image of a few stack of coins.
Managing the economy Market failures

Analyzing Greedflation's Contribution to Inflation in the U.S. 2021-2024

Published on September 21, 2024

A person showing his empty wallet.
Managing the economy

Government Spending Divorced From Economic Multiplier Effects

Published on September 21, 2024

Newer Posts
Page 52 of 199
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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