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Information technology

The Beginning of the AI Era: How to Use ChatGPT

Advances in AI technology are bringing new changes to our lives. We can now interact with artificial intelligence (AI) that thinks and learns like humans. Among these technologies,

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Business administration

Value That Grows the More It’s Used: The Network Effect

A network effect is the phenomenon in which a product or service becomes more valuable as more people use it. This piece covers direct and indirect effects, two-sided platforms and

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Education

A Garden Where Children Grow: The Kindergarten

The kindergarten, a school where young children learn through play, was created by the German educator Friedrich Fröbel in 1840. This article covers the first kindergarten, his tea

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Economics

Too Invested to Quit: The Sunk Cost Fallacy

Why do we sit through a dull movie just because we paid for the ticket? This guide explains sunk costs, the bygones principle, why people fall into the sunk cost fallacy, classic e