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AI is a convenient tool for getting answers in common language...but are these answers accurate?

The Economics of AI Hallucinations: Information Quality as a Market Good

Many of us love to use AI programs, from ChatGPT to Grok to Google Gemini, to give us answers to complex questions in simple, common language. But are we risking financial and economic inefficiency due to AI errors? Will consumers demand that their AI answers be human-verified?...
4 min read
Auto Sector Continues to Evolve as Consumers Adopt New Tools

Auto Sector Continues to Evolve as Consumers Adopt New Tools

Published on November 27, 2022

Pros and Cons of Working in the Gig Economy: Is it Right for You?

Pros and Cons of Working in the Gig Economy: Is it Right for You?

Published on November 20, 2022

Cybersecurity in the Digital Age: Navigating Current Threats and Safeguarding Business Integrity

Cybersecurity in the Digital Age: Navigating Current Threats and Safeguarding Business Integrity

Published on November 13, 2022

What is Derived Demand?
Definitions Managing the economy

What is Derived Demand?

Published on November 11, 2022

Demographic Transition Model (DTM)
Definitions Global economics

Demographic Transition Model (DTM)

Published on November 08, 2022

The Fisher Effect
Definitions

The Fisher Effect

Published on November 02, 2022

The Principal-Agent Problem
Definitions

The Principal-Agent Problem

Published on October 31, 2022

A Quick Guide to Business Financing

A Quick Guide to Business Financing

Published on October 29, 2022

The Free Rider Problem
Managing the economy Market failures

The Free Rider Problem

Published on October 25, 2022

Environmental Responsibility in the Packaging Industry: Gilpack's Commitment to Sustainability.

Published on October 23, 2022

Newer Posts
Page 84 of 178
Older Posts
Digital twins and AI modeling can help companies determine exactly when maintenance should be done to maximize efficiency.

The Economics of Digital Twins and Predictive Maintenance

Large companies may be spending billions of dollars a year in inefficient maintenance on their capital goods, either doing too much maintenance and wasting money or not enough maintenance and dealing with equipment failure. Can digital twins and AI end this inefficiency?...
4 min read

Recent Post

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December 30, 2025
What would happen if sellers could use AI to determine how much you are willing and able to pay for every possible product?
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December 24, 2025
Thanks to the ease of remote work with today's technology, do cities still enjoy an agglomeration advantage?
The Geography of Remote Work: Are Cities Losing Their Agglomeration Advantage?
December 19, 2025

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