Proof of Usefulness Report

Applied Economics

Analysis completed on 3/9/2026

+26.68

Proof of Usefulness Score

You're In Business

The submission outlines a potentially useful academic AI/ML economics lab, but provides highly exaggerated and unverifiable claims regarding traction ('most people have used my product') and reach ('everyone'). The lack of specific technical details, realistic metrics, and multiple blank fields severely impacts the overall score, demonstrating almost no verifiable traction.

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Score Breakdown

Real World Utility+12.5

Audience Reach Impact+2.0

Technical Innovation+3.0

Evidence Of Traction+1.25

Market Timing Relevance+5.0

Functional Completeness+0.5

Subtotal+24.25

Usefulness Multiplierx1.1

Final Score+27

Project Details

Project URL

appliedeconomics.ai

Description

The AEAI Lab is a team of researchers seeking to advance research in economics using novel Big Data and AI/ML tools. We use our expertise to build large open-access datasets from unconventional sources that help inform academic and policy research on a wide range of topics. Our lab publishes data insights on our webpage and operates an annual summer fellowship program to train research fellows in cutting-edge methodologies. The unifying feature of our work is that we leverage AI/ML tools along with novel data sources to measure latent phenomena that impact workers, economic growth, and long-run prosperity.

Algorithm Insights

Market Position

Growing utility with room for optimization

User Engagement

Documented reach suggests active user community

Technical Stack

Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline