Group items tagged

This article talks about how wine is reaching a equilibrium between it's supply and demand. Global demand for wine is at a low right now, but the price of grapes is increasing. This means companies can't afford to supply the same amount of wine, which actually means they reach a balance with the decreased demand. This is a good representation of how a decrease in demand isn't always bad. 

Few have not experienced the uncomfortable experience of circling city blocks for a parking space. Researchers at Xerox have designed algorithms and implemented dynamic parking systems in Los Angeles that change the way we park. Through the application of analytics to Big Data, as well as ethnography-the design and implementation [...]