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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Sheldon Jacobson: How to get into a college on your list amid plummeting acceptance rates
New audio is available for media use featuring Tim Kraft, an associate professor of Operations and Supply Chain Management in the Poole College of Management at North Carolina State University. He’s also the Associate Research Director of Supply Chain Resource Cooperative. He speaks about the Halloween supply chain. This content is made available by INFORMS, the largest association for the decision and data sciences. What follows are 4 questions and responses. These responses were provided on October 21, 2022.
One of the dynamics that played out during the COVID 19 Pandemic was how the Centers for Disease Control (CDC) responded to the pandemic and then at times was sidelined from being the lead federal agency—for various reasons.
If you’re alive and well on planet earth right now, you have been, are, and will forever be, a victim of long lines. Like sunsets, roller coasters, birthday cake, family, spiritual growth, weddings, and funerals, long lines are simply a fixture of the human experience.
Hurricane Ian is likely to drive up the cost of critical materials across the south-eastern US, with inflation already affecting prices.
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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