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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The NCAA is not doing it the right way. COVID-19 chaos prompted the NCAA to give college athletes the ability to transfer with immediate eligibility. They are now making this permanent.
Cornell, Duke and the University of Illinois at Urbana-Champaign all conduct COVID-19 surveillance testing. As of early December 2020, Cornell had 308 positive cases amongst students, faculty and staff, while Duke had 267 cases and the University of Illinois 4,407.
The National Science Foundation would get an extra $50 billion under a proposal from the Biden administration. The NSF would establish a technology directorate, and give out grants for advanced chip making, communications, and other technologies deemed crucial to American competitiveness. Biden also wants tens of billions for other research initiatives. North Carolina State University industrial and systems engineering professor Julie Swann joined Federal Drive with Tom Temin to talk about how this might all work.
In the late 1990s, West Bridgewater, Mass., was home to a thriving factory producing surgical equipment for Johnson & Johnson.
Logistics Management Group News Editor Jeff Berman recently spoke with Rob Handfield, Professor at North Carolina State's Poole College of Management and Bank of America Distinguished Professor of Supply Chain Management. Handfield also serves as Executive Director of the Supply Chain Resource Cooperative, which adderesses thought leadership and research in the area of supply chain management, within the Poole College of Management, and a member of INFORMS, an international society for practitioners in the fields of operations research, management science, and analytics, where he also serves on its expert panel. Berman and Handfield discussed a wide range of topics, including the recent Suez Canal crisis, the emerging profile of the supply chain, and risk management, among other topics. Their conversation follows below.
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