News Room

A collection of press releases, audio content and media clips featuring INFORMS members and their research.

AI Thinks Like Us – Flaws and All: New Study Finds ChatGPT Mirrors Human Decision Biases in Half the Tests
News Release

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).

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What Trump's sweeping tariffs mean for the US economy and you
Media Coverage

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.

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Sheldon H. Jacobson: How to win the lottery without buying a ticket
Media Coverage

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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Resoundingly Human Podcast

An audio journey of how data and analytics save lives, save money and solve problems.

Media Contact

Ashley Smith
Public Affairs Coordinator
INFORMS
Catonsville, MD
[email protected]
443-757-3578

INFORMS in the News

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Consulting is thriving in a VUCA world

Consulting is thriving in a VUCA world

Supply Chain Movement, March 3, 2023

Just as in 2021, most European consulting firms did very well last year, with over 80% generating more profit in 2022 than in the previous year. When 29 consulting firms were asked what types of projects they had carried out, sales & operations planning (S&OP) scored the highest, followed by supply chain strategy projects and network optimization projects. Notably, there were several acquisitions in the consulting market over the past year, plus various proprietary software applications have been developed. All of these changes are visualized in the tenth edition of the SCM Consulting Subway Map of Europe.

 

Increasing transmission efficiency would cut air pollution, say researchers

Increasing transmission efficiency would cut air pollution, say researchers

Tech and Science Post, February 28, 2023

Investment in electrical transmission and distribution (T&D) systems could significantly reduce air pollution, according to a study led Lauren Janicke, an undergraduate in civil and environmental engineering (CEE), and Destenie Nock, assistant professor of CEE and engineering and public policy.

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