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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College and high school graduation season has begun. With masking on the decline and new covid-19 cases on the rise, a perfect storm is brewing for the new omicron variant (labeled BA2.12.1) to anchor itself across the nation as everyone prepares for summer travel and vacationing.
In the first year of COVID we became armchair experts in infectious disease. The next, we earned our PhD’s in global supply chains, chalking up the months-long wait times for new screen doors and patio furniture to that container ship stuck in the Suez Canal. Most recently, it’s baby formula that’s been affected by disrupted global supply chains.
The Census Bureau announced last week that their estimates of each state’s population had errors, resulting in six states with undercounts and eight states with overcounts. This may shock, or at the very least, disturb some people, who believe that the process of tabulating the nation’s population should be precise and accurate.
Throughout the pandemic, many workers have said they'd quit if employers forced them back to the office. In March, Robert Half, a global recruiting firm, released a survey that revealed 50% of US workers would rather resign than be forced back to the office full-time.
The Transportation Security Administration employs multiple layers to provide a secure air system for travelers. Technologies like millimeter wave advanced imaging scanners for passenger screening and computerized tomography explosive-detection systems for checked baggage screening are some of the key devices deployed at airports. Anytime a new technology is introduced, it should provide benefits that enhance air system security and improve the passenger experience, such as in the form of reduced waiting times.
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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