'Little luxuries': The affordable treats driving consumer spending
If 2023 was the year consumers helped stave off a recession with an unexpected surge in spending, many economists predict 2024 will be the time shoppers finally tighten their belts.
BALTIMORE, MD, November 12, 2024 ā New research in the INFORMS journal Manufacturing & Service Operations Management is guiding the development of more inclusive and efficient electricity markets. The work demonstrates how aggregating small-scale, distributed energy resources (DERs) like solar panels can effectively balance the power of large utility companies.
Donald Trump's return to the White House is likely to usher in sweeping changes that affect retailers such as Walmart, Target, and Costco ā from new tariffs to tax cuts and a new regulatory environment.
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If 2023 was the year consumers helped stave off a recession with an unexpected surge in spending, many economists predict 2024 will be the time shoppers finally tighten their belts.
New research has found a way to leverage the power of artificial intelligence (AI) to more efficiently screen out bad ideas to focus on only good ideas in the crowdsourcing process within ideation. More specifically, the research has arrived at a simple model for screening out ideas that experts might consider "bad." Importantly, managers can adjust their model to determine how many bad ideas to screen out, without losing good ones. The research also found a single new predictor that screens out atypical ideas and preserves more inclusive and rich ideas.
Organizations are rushing to create hyperlocal supply chains by using products that are sourced and made in specific areas, down to a neighborhood level.
As Washington putters on AI watermarking legislation, TikTok and Adobe are leading the way with transparency standards.
The newspaper publisher is the first major news outlet to sue the AI creator. While the suit might not reach court, it still has a significant impact on the AI community.
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