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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August 8 - U.S. wholesale power prices will rise as much as threefold during this summer’s peak demand period due to high gas prices and a switch away from coal-fired generation, the Energy Information Administration (EIA) warned in a note.
Netflix Inc. bounced back. Can Walt Disney Co.’s streaming service continue to grow despite a warning from Chief Financial Officer Christine McCarthy in May of increased costs amid macroeconomic hurdles?
The recent U.S. Supreme Court ruling moved abortion rights to the states. Trigger laws effectively made abortions illegal in some states, bifurcating the country into two “abortion” zones. Indiana became the first state to enact new legislation that bans abortions, with limited exceptions.
This threat requires a novel and dynamic solution, specifically: utilizing analytics for supply chains to mitigate the risk of these vulnerable refugees becoming victims of trafficking.
New audio is available for media use featuring Anita Woolley. She’s an Associate Dean, Research at the Tepper School of Business at Carnegie Mellon University. She’s also a Professor of Organizational Behavior and Theory. She discusses the return to in-person working and the hybrid workforce model. This content is made available by INFORMS, the largest association for the decision and data sciences. What follows are 4 questions and responses, these responses were provided on August 8, 2022.
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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