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Glossary Business & Economy

Supply chain

The chain of suppliers, factories and transport that turns raw materials into a delivered product. A blockage anywhere in it shows up as shortages and higher prices everywhere downstream.

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On the record

Everything a source says may be published and attributed to them by name. This is the…

Hallucination

When an AI model states something false with the same confidence as something true. It is…

Artificial intelligence

Software that performs tasks normally associated with human judgement, such as recognising images or writing text.…

Bitcoin

The first widely used cryptocurrency, launched in 2009. Its supply is capped by its own software…

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