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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
Four Main Reasons Why Your Business Should Invest In VDR

Four Main Reasons Why Your Business Should Invest In VDR

Published on May 24, 2022

What Is an Installment Loan?

What Is an Installment Loan?

Published on May 23, 2022

The Role of Data in the Economics of Marketing

The Role of Data in the Economics of Marketing

Published on May 23, 2022

How to Become a Property Developer in the UK

How to Become a Property Developer in the UK

Published on May 23, 2022

Self-Invested Personal Pension (SIPP) — What Is It and How Does It Work?

Self-Invested Personal Pension (SIPP) — What Is It and How Does It Work?

Published on May 18, 2022

Solow Growth Model
Definitions Business economics

Explaining the Solow Model of Economic Growth

Published on May 18, 2022

TradingView: A Game-Changer for Technical Analysis in Forex

TradingView: A Game-Changer for Technical Analysis in Forex

Published on May 18, 2022

Myths About Premium Real Estate in Dubai

Myths About Premium Real Estate in Dubai

Published on May 18, 2022

Can government spending reach small businesses more efficiently?

Can government spending reach small businesses more efficiently?

Published on May 08, 2022

What Is Demand-Pull Inflation?
Definitions

What Is Demand-Pull Inflation?

Published on May 05, 2022

Newer Posts
Page 91 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?
The Economics of Hyper-Personalization: When Every Consumer Gets a Different Price
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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