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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Lexi Shangraw, a San Francisco resident, flew to Phoenix in early March for what was supposed to be a brief visit. But when lockdowns started, she ended up staying longer than anticipated in hopes of waiting out Covid-19.
CATONSVILLE, MD, August 3, 2020 – If you’ve ever taken advantage of a nice discount thanks to a promotion from Groupon or LivingSocial, you’ve tapped the power of the daily deal market yourself. You, the consumer, benefited from the prior bargaining that took place between that big online platform and the merchant, resulting in a lower price for you.
The COVID 19 has caused unprecedented havoc in the world and disrupted lives, livelihood, business, enterprise, and economy. The disruption to the supply chain and the inadequate response of the industry has been the cause of concern across the globe.
As many children and young adults prepare to return to school in the fall, parents and students fear the impacts of COVID-19. Will these students build herd immunity? We spoke to Julie Swann, professor and department head for the Edward P. Fitts Department of Industrial and Systems Engineering at NC State. Below Dr. Swann answers questions surrounding the return to school and the possible response of students to COVID-19. As a science advisor during a previous pandemic, H1N1, in 2009, at the Centers for Disease Control and Prevention, Dr. Swann is highly qualified to provide insight into herd immunity and returning to school.
We do not yet have a vaccine that can be used to help protect people from contracting COVID-19. However, once a vaccine is proven to be both safe and effective, governments, industry and healthcare providers will face the considerable task of figuring out how to distribute the vaccine fairly and efficiently.
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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