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.
An audio journey of how data and analytics save lives, save money and solve problems.
Ashley Smith
Public Affairs Coordinator
INFORMS
Catonsville, MD
[email protected]
443-757-3578
Explore our resources for multiple topics including:
The supply-chain disruptions over the past few years have put a lot more focus on the idea of bringing manufacturing back to the U.S.
One bike app tells riders which docking stations are in need of wheels and pays out credit and cash to encourage them to help out by dropping off or picking up their bike at one of them
It's almost that time when the turkey is in the oven and family is coming over to celebrate the holidays. However, this year, that turkey is going to eat up more of your money.
There’s a widespread shortage of some types of the drug, but there are other medications for patients, experts say
Congress recently agreed to throw 10s of billions of dollars at the semiconductor industry. The idea was to expand production of vital circuits in the United States. My next guest has done extensive analysis of the chip industry and says there should be more to policy than only national security. The Federal Drive with Tom Temin spoke to assistant professor of management at Radford University, Zach Collier.
OR/MS Today is the INFORMS member magazine that shares the latest research and best practices in operations research, analytics and the management sciences.
Access OR/MS Today Magazine
Analytics magazine showcases articles and research reports based on big data, AI, machine learning, data analytics and other new-age technologies.
Access Analytics Magazine