Scale Is Not Enough The third area where AI departs from previous tech revolutions is in the weakness and fragility of network effects. Legacy tech platforms benefited from self-reinforcing growth.

Abstract: In real-time nodal marginal cost-based electricity markets, inaccuracies in conventional measurement systems introduce variability in the determination of these costs and the valuation of ...

One of the REM trains – credit, Reece Martin, CC BY-SA 4.0. Cheap, efficient, new and exciting, Montreal’s new automated light rail transit system which recently opened is a major accomplishment for a ...

Mr. Grillo is a contributing Opinion writer who has covered organized crime in Latin America for two decades. He wrote from Mexico City. If you are buying a lime in the United States — to juice up a ...

Escola de Química, Federal University of Rio de Janeiro, CT, E, Ilha do Fundão, Rio de Janeiro, Brazil Energy transition is a global technological transformation driven by greenhouse gas climate ...

Nvidia earnings are the wrong place to look for evidence of an AI bubble; the company’s margins should be safe if power is the limiting factor. Subscribe to Stratechery Plus for full access. With ...

Beef prices have climbed to record highs, and yet Americans keep buying steaks. Economists say that deep-rooted demand is helping drive prices higher and there’s little sign it will ease anytime soon.

Tesla is licking its wounds after a weak Q3 earnings print. Revenues grew nearly 12%, reversing two consecutive periods of decline. But the sales rebound looks inflated, with demand pulled forward as ...

Abstract: Real-time price signals and power generation levels (disaggregated or aggregated) are commonly made available to the public by Independent System Operators (ISOs) to promote efficiency and ...

Medtronic Intellis is a rechargeable spinal cord stimulator used for chronic neuropathic pain such as failed back surgery syndrome, radiculopathy, and complex regional pain. It’s a system, not a ...

Discover what search costs are, how they impact buyers and sellers, and view examples of search costs in market transactions ...

This paper documents five empirical facts about the role of strategic complementarities in firms’ price-setting behavior, using administrative data from Chilean firms. (1) Strategic complementarities ...