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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Supply chain experts warn of increasing disruptions, including many caused by geopolitical strife.
The research, by the Massachusetts Institute of Technology (MIT), said work with Ford found the biggest risk came not from strategic suppliers but those providing the company with parts costing 10 cents.
July 4, a day of celebration and festivities, was marred by a mass murder that left at least six people dead and many more injured. The shooter took aim from a rooftop looking over a parade, giving him ample access to a large group of innocent people enjoying the holiday.
DC VELOCITY’s new podcast is designed to help you keep up with what’s happening in this fast-changing industry. Each week, the editors of DC VELOCITY discuss the latest news and developing trends we all need to know about to keep ahead of the competition. We also talk to industry experts and practitioners in the logistics field.
Major projects to increase the United States’ manufacturing capacity for semiconductors have been put on hold as supporting legislation has been delayed in Congress.
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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