According to a report commissioned by Lollapalooza promoter C3 Presents and conducted by Texas-based research group AngelouEconomics, Lollapalooza generated more than $422 million for Chicago’s economy, compared to $336 million last year.
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Yeah right — these economic impact “studies” are generally puffery and fraud, which overstate economic benefit and ignore local costs.