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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
The Economic Impact of Data Breaches

The Economic Impact of Data Breaches

Published on October 01, 2023

Labour Arbitrage
Definitions Labour markets Global economics

Labour Arbitrage

Published on September 27, 2023

Streamlining Tax Payments and Invoicing: Leveraging Fixed Costs and Modern Solutions for Business Efficiency

Streamlining Tax Payments and Invoicing: Leveraging Fixed Costs and Modern Solutions for Business Efficiency

Published on September 27, 2023

Utility Maximisation: A Guide to Rational Decision-Making
Definitions Behavioural economics

Utility Maximisation: A Guide to Rational Decision-Making

Published on September 27, 2023

Corporate Funds Flow to Traditional Bank Savings Products Among Historic Interest Rate Highs

Corporate Funds Flow to Traditional Bank Savings Products Among Historic Interest Rate Highs

Published on September 22, 2023

Best Fintech Solutions for 2024 | Innovations and Top Trends to Watch

Best Fintech Solutions for 2024 | Innovations and Top Trends to Watch

Published on September 22, 2023

How SEPA Transfers Facilitate the Adoption of Crypto in Europe

How SEPA Transfers Facilitate the Adoption of Crypto in Europe

Published on September 22, 2023

Timur Kulibayev, Kazakh Businessman: Major Philanthropic Projects for the Good of Kazakhstan
Profiles

Timur Kulibayev, Kazakh Businessman: Major Philanthropic Projects for the Good of Kazakhstan

Published on September 17, 2023

Crowding Out
Definitions Managing the economy

Crowding Out

Published on September 14, 2023

Pareto Efficiency
Definitions Competitive markets Market Failure

Pareto Efficiency

Published on September 14, 2023

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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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