AI economics (noun phrase)
- (narrow, practical use) The practices and tradeoffs involved in managing the costs, investments, and returns of using AI within a business.
- (broad, field of study) The broader notion of AI's economic impact on markets as a whole, an umbrella term covering ideas such as the AI economy, the cost of intelligence, and related concepts that have economic relevance.
- Example: "Getting AI economics right meant weighing subscription costs against the hours of work actually saved."
- Example: "Economists working in AI economics point to the widening gap between AI-native and legacy firms as evidence of a structural shift, not a temporary disruption."
Related: AI economy, cost of intelligence, build vs. buy, token economics