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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Two threats to our democracy that draw widespread attention are gerrymandering and restricting voting rights. Though rarely discussed together, they represent the flip sides of the same democracy-threatening coin.
RALEIGH, N.C. — Those buying a new home or planning a renovation have experienced the price pinch as the cost of lumber increased this year. The good news is costs are coming down.
CATONSVILLE, MD — Pick up any product in just about any store and you're likely to find information that indicates the country of origin of the product. The U.S. Federal Trade Commission (FTC) requires this for any imported product, but not for products made in the United States. When you see the words "Made in USA" on a product, it's purely for marketing purposes. So, does it work?
CATONSVILLE, MD, July 1, 2021 – INFORMS has endorsed new legislation introduced in the U.S. Congress last month that, if enacted, would modernize science, technology, engineering and math (STEM) education in the United States to attract more young people into these studies and fields to enhance the nation’s pipeline of STEM talent.
The University of Illinois announced that all students who return to their campuses this fall will be required to be vaccinated against COVD-19. They join a list of over 500 other public and private schools around the nation who have taken this important step forward to directly protect their students, but most importantly, their staff, faculty and everyone in their communities.
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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