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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WASHINGTON (AP) — Treasury Secretary Janet Yellen urged world finance leaders Tuesday to “get concrete” as they look for ways to combat a looming crisis over food insecurity around the globe that Russia’s war in Ukraine has made even worse.
Masks work best when everyone in the room has one on, but you’ll still benefit from masking up even when those around you aren’t.
What a difference a year makes. The U.S. inflation rate was at 1.4 percent when Joe Biden was sworn in as President in January 2021. In just fifteen months, it has since risen rapidly to a 40-year high of 8.5 percent, the result of global supply chain issues.
Almost every state has completed drawing their new congressional maps. The two states that continue to be at the center of discussions are Maryland and Florida.
COVID-19 has disrupted everyone’s life. Recommended or mandated policies and guidelines, whether they involved stay-at-home orders back in the spring of 2020, wearing facemasks on transportation systems and in public venues or being vaccinated, all have shifted the center of gravity for human behavior.
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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