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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For the past two years, Covid put the kibosh on holiday travelers. Now those eagerly planning to travel for Thanksgiving and Christmas are in for sticker shock.
Inflation continues to impact the buying power of consumers. To further exacerbate the situation, companies not only raise prices, they also employ ‘shrinkflation’ to shrink the amount of food or product that a prepackaged unit holds. Whether it be packages of toilet paper, cartons of juice, or containers of ice cream, consumers have been paying more for less for years.
Researchers at the Massachusetts Institute of Technology (MIT) say they have found the optimal word with which one should start Wordle, a word game which has become immensely popular all over the world ever since it was launched in October 2021. The New York Times Company acquired Wordle in January 2022. Software engineer Josh Wordle from Brooklyn, New York, had created the daily word game for his partner, Palak Shah, who enjoys playing word games. Wordle is a guessing game that roughly follows the rules of the guess-the-colour game Mastermind.
For nearly 37 years, she was known as Buckskin Girl—a young, anonymous murder victim found outside Dayton, Ohio, wearing a deer-hide poncho. Then, in April 2018, police announced that the mystery of her identity had been solved. Her name was Marcia L. King, and she had been identified by linking a snippet of her DNA to one of her cousins.
Remote and hybrid working isn’t just for employees – CEOs are logging in remotely, too. What does it mean for working culture?
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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