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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Supermarkets in Massachusetts are starting to limit meat purchases per customer in anticipation of a nationwide shortage amid the coronavirus crisis.
Over the past couple of weeks, I've had some questions come in about what things will look like in the wake of the COVID-19 Crisis. We have created an Transportation Industry Overview to give you some insights on what to expect. We also suggest you refer to David Simchi-Levi's articles "Three Scenarios to Guide Your Global Supply Chain Recovery" and "We Need a Stress Test for Critical Supply Chains."
We’ve all heard the stories, and some of us are living them. People have lost their jobs, local businesses are worried about paying staff and staying solvent. Restaurants are closing, some temporarily and some for good. People are sick, and people have died. As the COVID-19 crisis continues in the District, the question everyone is asking is: when do we turn a corner? And, who will be at the rudder?
INFORMS, the leading international association for professionals in operations research and analytics, has awarded the Smith School of Business at Queen’s University in Kingston, Ontario, Canada the 2020 UPS George D. Smith Prize. The award recognizes excellence in preparing students to become practitioners of operations research and analytics.
CATONSVILLE, MD, May 6, 2020 – New research to be published in the INFORMS journal Management Science has found popular rideshare platforms exhibit racial and other biases that penalize under-represented minorities and others seeking to use their services.
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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