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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BALTIMORE, MD, February 21, 2024 – Artificial intelligence (AI) has made great strides in the past few years, even months. New research in the INFORMS journal Management Science finds that AI agents can build trust – like that of humans.
New research reveals women and minorities face higher auto loan interest rates, leading to millions in extra costs. The study urges for fairness and transparency in the industry.
New research has found that women and minorities are more likely to pay higher premiums when they take out auto loans. A new study conducted by researchers at three leading universities found that women and minorities pay a statistically significant and greater dealer interest rate markup than men and non-minorities.
Since the COVID-19 pandemic, the supply chain topic has been on the headlines constantly. First, it was due to the limited availability of groceries on store shelves. Then, it was the semiconductor chips shortage that caused automobile production to be severely restricted. Home prices went up sharply due to the shortage of materials and more people expanding their housing footprint by building offices and additions. Then, there was the Russian invasion of Ukraine.
Super Bowl ads are a show within the show, an opportunity for brands and advertising creatives to put their work in front of more than 100 million viewers. And while the occasion is most closely associated with ads for beer, cars, and soft drinks, pharma giant Pfizer dished out millions of dollars for its own message: “Here’s to science.”
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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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