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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The Covid pandemic exposed a grim reality: Most shippers have supply chains that are completely unprepared to deal with catastrophic issues.
As the White House looks to protect consumers from AI abuse, will it help or hamper artificial intelligence adoption? Whatever the outcome, the stakes are high.
CAMBRIDGE, Mass., Jan. 23, 2023 /PRNewswire/ -- Data drives efficiencies, increases profitability, and bolsters innovation. Yet analytics skills remain outside the wheelhouse of many business leaders, who don’t always have a clear view of what data sources and analyses are necessary to formulate the insights they are seeking.
The Department of Defense is projected to need on the order of one hundred tankers of various sizes in the event of a serious conflict in the Pacific.1 The DoD currently has access it can count on – assured access – to less than ten. Not only does the U.S. lack the tonnage required to support a major conflict in the Pacific, it has no identifiable roadmap to obtain it. Without enough fuel, the most advanced capabilities and ships – even nuclear-powered aircraft carriers – will hardly be available for use. This is a crisis in capability that requires urgent and effective action. There is little time to get a solution in place if speculation that conflict with China could happen this decade proves true. Thankfully, this is a problem that can have a timely and affordable solution. However, the U.S. needs to move past conventional thinking and long-established policies that brought us to this current state.
Groundbreaking modeling from The University of Alabama is credited with assisting in the identification of dozens of potential sex trafficking victims in Alabama, according to new research detailed in the INFORMS Journal on Applied Analytics.
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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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