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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It’s no secret that the procurement industry has found itself in a bind of late—thanks (or no thanks) to supply chain disruptions and a pandemic-induced spike in worldwide demand. As production struggles to pick up the pace that has suffered due to countless shutdowns, many are left to wonder: How did we arrive at the current supply chain crisis?
New research in the INFORMS journal Marketing Science shows that doing something positive for public health can be costly. The researchers say that banning tobacco products means retailers may see as much as a 4% decline in gross sales.
New audio is available for media use featuring Matthew Thompson, a Research Forester with the Wildfire Risk Management Science Team at the Rocky Mountain Research Station, USDA Forest Service. He is also a member of INFORMS, the largest association for the decision and data sciences.
Some of the 33 million adults in the nation who remain unvaccinated against COVID-19 may believe that the vaccines are risky. Medical systems around the country have debunked myths about their risk.
Many travelers returned to the skies in 2021. The Sunday after Thanksgiving, 2.4 million individuals were screened by the Transportation Security Administration, a number just shy of the 2.5 million who were screened on the same day in 2019, as reported by the Bureau of Transportation Statistics.
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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