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Big Data Predictive vs Economics: Who Forecasts Better?

1. Introduction: Forecasting in the Modern World In today’s data-driven world, forecasting plays a vital role. Businesses strive to anticipate consumer demand. Governments prepare for economic fluctuations and public sentiment. Individuals try to foresee job market trends, currency shifts, or property values. Accurate predictions influence decisions in investment, budgeting, lending, and even political strategy. For example, according to McKinsey & Company (2023), companies that use big data predictive analytics achieve 5–10% higher profitability compared to

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Post-COVID Inflation: How to Predict It Differently

Introduction The COVID-19 pandemic triggered global economic transformations. Its impact still affects businesses today. For owners of medium and large enterprises in Europe, navigating post COVID inflation means facing unpredictable price changes and unstable cost structures. It also involves adjusting to shifts in consumer purchasing power. In this uncertain environment, traditional forecasting models have become less reliable. To make sound strategic decisions and maintain profitability, business leaders must adopt new methods. This article explores key

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The Economy of Trust: A Currency That Cannot Be Printed

I. Introduction: Understanding the Essence of the Economy of Trust In an era defined by digital transformation and global uncertainty, the concept of the economy of trust is gaining traction. Trust—once viewed as abstract—has become a vital economic asset. Unlike fiat money, trust cannot be printed. It must be earned over time. This concept is increasingly relevant. As technology and global networks evolve, economic systems rely more on intangible values. The economy of trust is

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Who Will Create Meaning When AI Creates Everything Else?

Ethics of Artificial Intelligence and the Quest for Human Purpose in the Age of Automation Introduction: The Dawn of an Automated Future Artificial intelligence (AI) rapidly transforms how we work, produce, and think. It automates tasks ranging from factory work to complex analysis and creative projects. As a result, machines now perform actions once considered deeply human. This raises a powerful question: Who will create meaning in a world where AI creates everything else? This

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Anti Economics: Voluntary Departure from Growth as a Future Paradigm

Introduction Modern civilisation has been built on continuous economic growth, long considered a synonym for progress and prosperity. However, in the face of growing environmental issues, resource depletion, and deepening social inequality, more voices are calling for a reassessment of this paradigm. The concept of “anti-economics” or “degrowth” proposes a radical departure from pursuing GDP growth. Instead, it prioritises human well-being and planetary sustainability. Voluntary departure from growth means consciously limiting economic activity within the

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Digital Pollution and the Rise of the Post-Noise Economy

Introduction In the 21st century, technological progress and hyperconnectivity are shaping every aspect of our lives. Paradoxically, as noise increases, silence becomes more valuable. Information overload and digital noise—digital pollution—create an environment where calm and clarity are rare. As a result, the ability to disconnect, focus, and find peace is emerging as a new kind of wealth. This phenomenon marks the rise of the post-noise economy. Silence is gaining economic and social relevance as more

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