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).
President Donald Trump's sweeping new tariffs will raise the likelihood of a recession and hike prices for an array of goods, including coffee, bananas, laptops and toys, multiple analysts told ABC News.
Lotteries have become ubiquitous, available in nearly every state. The most recognized national lotteries, Mega Millions and Powerball, have jackpots that reach $1 billion a few times every year.
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Just in time for summer travel, the United States Department of Transportation has announced sweeping changes that, on the surface, appear to help air travelers get the upper hand with airlines.
When Joe Biden was a US presidential candidate in 2019, he tweeted, “Trump doesn’t get the basics. He thinks his tariffs are being paid by China. Any freshman econ student could tell you that the American people are paying his tariffs.”
In June 2019, then-presidential candidate Joe Biden tweeted: “Trump doesn’t get the basics. He thinks his tariffs are being paid by China. Any freshman econ student could tell you that the American people are paying his tariffs.”
In June 2019, then-presidential candidate Joe Biden tweeted: “Trump doesn’t get the basics. He thinks his tariffs are being paid by China. Any freshman econ student could tell you that the American people are paying his tariffs.”
In the current era of artificial intelligence (AI) reshaping industries worldwide, integrating AI in healthcare, public policy, and business is paramount. Dr. Soroush Saghafian, the visionary founder and director of the Public Impact Analytics Science Lab (PIAS-Lab) at Harvard, is a key figure at this intersection. His pioneering work as a Harvard professor involves developing, integrating, and using appropriate analytical tools in operations research, management science, machine learning and big data, decision-making, statistics, AI, and related fields has profoundly impacted societal outcomes.
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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