When most people think of artificial intelligence (AI), industries such as e-commerce, banking and finance come to mind. Yet, the application of AI is so much wider and spans across various sectors, including agriculture. How Can AI Be Used in Agriculture? The use of artificial intelligence in farming on a global scale is very promising. […]
Author Archives: itnnov
18
Apr
Apr
According to the United Nations’ Food and Agriculture Organization (FAO), more than 800 million people, or 9.8% of the world population were affected by hunger in 2021 – 46 million more than in 2020, and 150 million more than in 2019. Today, more people are hungry than at any point in human history. And although […]
10
Mar
Mar
Many of us are living through the ‘cost of living’ crisis. This term refers to the fall in ‘real’ disposable income, adjusted for inflation and after taxes and benefits. Simply put, it means less money available for people to spend or save. What are the causes of this situation and how does it impact companies […]
10
Feb
Feb
We live in the information age. Information is vital for everyone in modern society – CEOs, entrepreneurs, financial analysts, marketers, journalists, students and professors. You can get information from a vast amount of data. And the best way to obtain a significant amount of data from the web, is data scraping. In this post, we […]
17
Jan
Jan
The world has indeed turned into a global market. This change has affected all aspects of life and opened up limitless business opportunities. Yet, globalisation and international, trans-border trade also bring numerous challenges arising from different languages and cultures. What Is Culture In the Context of International Trade? Culture is a complex phenomenon, functioning on […]
16
Dec
Dec
EU leaders scramble to maintain their energy supplies as the continent faces a deepening energy crisis. The Balkans and Central Europe are some of the most affected regions. Their sensitivity to the energy crisis results from heavy dependence on outdated energy sources, lack of diversification, and record high energy imports. Energy Sources in the Balkans […]
14
Dec
Dec
We are witnessing unprecedented times in which we are exposed to astronomical energy prices and market volatility. According to the head of the International Energy Agency (IEA), the world is in the middle of “the first truly global energy crisis”. A perfect storm of events and circumstances has led us here. In this post we […]
22
Nov
Nov
Post-Brexit changes have affected all aspects of society, industries, and businesses across the UK. Fire safety regulations are one of the major areas of concern. The UK’s newfound legislative independence has opened many questions. Have any fire safety rules changed? Do any of the current fire safety standards need to be amended since EU standards […]
19
Oct
Oct
Have you heard that companies like Google, Facebook, Microsoft Airbnb, and Uber have all hired many Ph.D. economists? Economists have worked for decades on the design of markets and incentives, and today this work thanks to the internet, has got new applications in the digital economy! Let’s see the five main areas where economists can support […]
26
Sep
Sep
As empirical economists, how can we get the maximum from machines? We know that they do the work. Facebook offers ads, articles according to your interests, Siri understands voices, and Google translates everything. Doing these ‘intelligent” things is statistical and computational. Tackling empirically the tasks made it all possible. Let’s see how we can use […]