BALTIMORE, MD, April 1, 2025 – Can we really trust AI to make better decisions than humans? A new study says … not always. Researchers have discovered that OpenAI’s ChatGPT, one of the most advanced and popular AI models, makes the same kinds of decision-making mistakes as humans in some situations – showing biases like overconfidence of hot-hand (gambler’s) fallacy – yet acting inhuman in others (e.g., not suffering from base-rate neglect or sunk cost fallacies).
You are swimming in an ocean of data and don’t even realize it. All around you are invisible amounts of data that would be staggering to try to comprehend. Thousands of smartphones and smart devices are talking to, sending and downloading vast amounts of data, video, audio, words, numbers, images, you name it. Everything from the latest movie on Netflix to someone’s radiology results from a cancer screening.
Mom-and-pop businesses are trying to adapt to the soaring cost of eggs. The owners of four egg-centric restaurants across the country show how they are coping with this threat to their livelihoods.
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Mom-and-pop businesses are trying to adapt to the soaring cost of eggs. The owners of four egg-centric restaurants across the country show how they are coping with this threat to their livelihoods.
Bird flu outbreaks that wiped out about 15 percent of the nation’s egg-laying chickens and drove wholesale egg prices to a peak of more than $8.50 a dozen in February have vexed grocery shoppers and prompted big breakfast chains to add surcharges to diners’ checks. But for owners of small eateries, paying double or triple for an ingredient they crack by the hundreds each day could potentially put them out of business.
WEDNESDAY, March 26, 2025 (HealthDay News) -- Black babies and children are more than twice as likely to die as white kids, and that gap has grown since the 1950s, a new study says.
In an era where sustainability and efficiency have become paramount in the grocery sector, a groundbreaking study has emerged, emphasizing the role of blockchain technology in addressing the growing crisis of food waste and rising prices. The findings, published in the INFORMS journal Management Science, reveal how adopting blockchain for real-time freshness tracking can drastically enhance operational efficiencies and reshape how retailers interact with supply chains. This innovation not only serves to optimize inventory levels but also has the potential to reshape the entire grocery industry’s economic framework.
BALTIMORE, MD, March 26, 2025 – INFORMS, the world’s largest association for professionals and students in operations research (O.R.), AI, analytics and data science, has awarded the INFORMS Early Career Practitioner Award to Lili Zhang, Research Engineer at Hewlett Packard Enterprise (HPE). She is being recognized for revolutionizing AI-driven decision-making at HPE by leveraging machine learning, knowledge graphs and advanced analytics to enhance digital marketing, customer engagement and strategic business growth.
OR/MS Today is the INFORMS member magazine that shares the latest research and best practices in operations research, analytics and the management sciences.
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Analytics magazine showcases articles and research reports based on big data, AI, machine learning, data analytics and other new-age technologies.
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