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AI can work much faster than human employees, but rates of AI hallucinations and other errors remain significant.

The Economics of AI Hallucinations and Error Costs

AI can be great, but "AI hallucinations" are frequent when AI software attempts to plug in data holes with information that it creates. This can include "ghost citations" of false sources of information. What will firms do to limit the dangers of AI error?...
4 min read
Systemic Economic Risks of High-Frequency Trading
Managing the economy

Systemic Economic Risks of High-Frequency Trading

Published on December 15, 2024

Enhancing Tax Fraud Detection: An AI-Driven Framework for Operational Implementation
Information Failure Managing the economy

Enhancing Tax Fraud Detection: An AI-Driven Framework for Operational Implementation

Published on December 15, 2024

Energy and Environmental Implications of Artificial Intelligence
Managing the economy

Energy and Environmental Implications of Artificial Intelligence

Published on December 14, 2024

Analysis of Productivity and Growth Disparities Between the United States and Europe (2010–2023)
Managing the economy

Analysis of Productivity and Growth Disparities Between the United States and Europe (2010–2023)

Published on December 09, 2024

Mountain with windmills and ocean.
Global economics Managing the economy Definitions

The Evolution and Challenges of the Circular Economy: From Utopia to Reality

Published on December 05, 2024

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Global economics Managing the economy

Transition Risk: Navigating the Financial Implications of Climate Mitigation Strategies

Published on December 04, 2024

Mosque with tall minarets and domes under a cloudy sky.
Managing the economy

Economic Diversification and the Reincarnation of Saudi Arabia

Published on December 01, 2024

Euro banknotes on top of a calculator and black keyboard at the back.
Managing the economy

The Evolution of Public Debt in a Changing Economic Landscape

Published on November 29, 2024

Computer screen showing stock market data with a red graph going downwards indicating a decline.
Forex Trading Managing the economy

What Caused the Stock Market Crash of 1929?

Published on November 26, 2024

Small plant growing from a pile of coins.
Definitions Managing the economy

Expansionary Fiscal Stance

Published on November 24, 2024

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As streaming subscription costs continue to rise, many customers are experiencing "subscription fatigue" and logging off.

Subscription Fatigue and Consumer Optimization in Digital Markets

Streaming entertainment services seemed like a great deal a decade ago. Now, rising costs have reduced consumers' utility significantly. How can streaming firms fight subscription fatigue and keep longtime customers from canceling due to price hikes?...
4 min read

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