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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As debate continues about ending the twice-a-year time changes and keeping one consistent time, one University of Illinois professor has a solution.
Fortune had it that when George Ball was looking to get a dehumidifier for his Indiana home, the house had one sitting in the basement from the previous owners. So he took it up to the bedroom, plugged it in, and went downstairs for dinner. A while later, he went back upstairs and found that the dehumidifier was on fire, with flames reaching from floor to ceiling. He called 911, and he and his wife, luckily, were able to put the blaze out.
Every few months, a story goes viral about women being kidnapped from superstore parking lots or sex traffickers marking the cars of potential victims. These tales quickly sow the seeds of anxiety and fear online, but they do little to help those at risk for abuse and sex trafficking keep themselves safe.
In much of the national conversation over supply chain challenges and possible solutions over the past year, the one factor that has often been overlooked has been the matter of trust.
BALTIMORE, MD, March 13, 2023 – New audio is available for media use featuring Sheldon Jacobson. He talks about the analytics surrounding March Madness. He’s a founding professor of Computer Science at the University of Illinois at Urbana-Champaign. This content is provided by INFORMS, the largest association for the decision and data sciences. What follows are four questions and responses. These responses were provided on March 8, 2023.
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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