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The high costs of data centers has limited the expansion of AI for now, creating an oligopoly market.

Compute Constraints and the New Economics of Scarcity in AI

AI is here and creating wonders, but it's not expanding as rapidly as many first predicted. The reason is significant cost and supply constraints, limiting AI data centers to only a handful of large firms. What are the economic implications of this AI bottleneck?...
4 min read
Building Bridges, Boosting Pakistan's Economy: How Your Remittances Can Fuel Progress and Win You a Grande Ride

Building Bridges, Boosting Pakistan's Economy: How Your Remittances Can Fuel Progress and Win You a Grande Ride

Published on January 19, 2023

Constant Returns to Scale
Definitions Factors of production Business economics

Constant Returns to Scale

Published on January 16, 2023

Global Furniture Market Dynamics: Trends, Challenges, and Segment Analysis from 2022 to 2030."

Global Furniture Market Dynamics: Trends, Challenges, and Segment Analysis from 2022 to 2030."

Published on January 16, 2023

The Impact of a Multilingual Workforce on the Global Economy

Published on January 16, 2023

Risk Management Strategies in Business Operations: Challenges and Effective Mitigation Approaches

Risk Management Strategies in Business Operations: Challenges and Effective Mitigation Approaches

Published on January 16, 2023

Felix Yevtushenkov: From Pragmatic Investor at AFK Sistema JSFC to Innovative Ventures and Beyond

Felix Yevtushenkov: From Pragmatic Investor at AFK Sistema JSFC to Innovative Ventures and Beyond

Published on January 14, 2023

Legal Proceedings Incurred: The Substantial and Varied Costs Involved in Litigation

Legal Proceedings Incurred: The Substantial and Varied Costs Involved in Litigation

Published on January 14, 2023

Five Brand Awareness Strategies Shaping the Global Economy

Published on January 02, 2023

Image showing seasaw which is not in balance.
Definitions Behavioural economics Information Failure Market Failure Competitive markets

Asymmetric Information

Published on December 26, 2022

Graph of Perfect Competition

Graph of Perfect Competition

Published on December 26, 2022

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Older Posts
We all have the same 24 hours in a day, meaning our attention is a valuable asset to advertisers!

Attention Markets and the Economics of Time Scarcity

Firms have only limited human attention spans to advertise to, creating attention markets that lead to rising advertising costs. As platforms capture more consumers' attention, what are the economic effects of potential monopolies on this attention?...
4 min read

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