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).
President Donald Trump's sweeping new tariffs will raise the likelihood of a recession and hike prices for an array of goods, including coffee, bananas, laptops and toys, multiple analysts told ABC News.
Lotteries have become ubiquitous, available in nearly every state. The most recognized national lotteries, Mega Millions and Powerball, have jackpots that reach $1 billion a few times every year.
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Production interruptions or uncertainty can lead to shortages of medications for U.S. patients. It is worthwhile – for the industry and for patients – to figure out how to effectively maintain resilient pharmaceutical supply chains.
As many students in Missouri head back to class this week, some are back in face masks as part of guidance issued by local school districts to slow the spread of COVID-19.
A new study on COVID-19 transmission done by researchers at Georgia Tech and North Carolina State University paints a dire picture for students who go to school unmasked and unvaccinated.
Research studies show that Black patients can be subjected to wait times 30% longer than other patients at doctors' offices and other healthcare facilities, leaving little doubt about the biased nature of healthcare scheduling systems. New research in the INFORMS journal Manufacturing & Service Operations Management has identified factors that contribute to this racial disparity and found ways to create parity among all patients.
CATONSVILLE, MD, August 18, 2021 – Believe it nor not, more and more lending companies are turning to human-robot interaction to help with investment advice. But how do people react and what’s the result of an investment decision when robots use algorithms to make suggestions? New research in the INFORMS journal Information Systems Research finds that investors who could benefit most from robo-advisors (RAs) aren’t using them. And those who are, change their minds too quickly to see a return.
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