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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INFORMS, the largest association for the decision and data sciences, has selected three finalists for the 2022 UPS George D. Smith Prize, which recognizes excellence in preparing students to become practitioners of operations research and analytics.
The Biden administration took comprehensive actions to reduce supply chain snarls to help American consumers get what they wanted for Christmas. However, as U.S. inflation hit 7% at a 40-year high, the public is now worried about higher prices of essential goods such as food and gas.
CDO Magazine Announces Its 2022 List of Leading Academic Data Leaders
Need toilet paper and canned foods? Not a problem. But cream cheese and frozen fries may be harder to find. Or maybe it'll be bananas or carrots, or maybe not. Shoppers at grocery stores across Greenville County have noticed random items missing from the shelves.
A data analysis conducted by the Centers for Disease Control and Prevention found the Covid-19 pandemic is linked to a rise in deaths from all causes.
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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