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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This question has long frustrated HR, Carnegie Mellon University professor Anita Williams Woolley told HR Dive.
Leaders at the World Economic Forum are making the case for globalisation amid fears it is in terminal decline.
Sheldon Jacobson: Could AI help decide Baseball Hall of Fame inductees?
BALTIMORE, MD, January 20, 2023 – New audio is available for media use featuring L. Beril Toktay of the Georgia Tech Scheller College of Business. She is a Professor of Operations Management, Brady Family Chairholder, and a Regents’ Professor. Toktay serves as the Faculty Director of the Ray C. Anderson Center for Sustainable Business. She’s the Interim Executive Director of the Brook Byers Institute for Sustainable Systems. Toktay talks about climate change and the supply chain. This content is provided by INFORMS, the largest association for the decision and data sciences. What follows are four questions and responses. These responses were provided on January 19, 2023.
California and Washington are rolling out new laws this month requiring a good faith estimate of the salary ranges in job listings, joining Colorado and New York City. Consequently, there’s a lot of interest from both employees and employers about how more pay transparency will affect the relationship between bosses and workers.
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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