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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Are shoppers accepting price hikes as a necessity or do they see food & beverage processors as opportunists? We talk about that and more in this year's forecast.
BALTIMORE, MD, January 4, 2023 – New research in the INFORMS journal Manufacturing & Service Operations Management finds that Medicare Advantage (MA), the largest healthcare capitation program in the U.S., unintentionally incentivizes health plans to cherry-pick profitable patients from traditional Medicare (TM). “Capitation” is the annual fee paid to a healthcare practice by each participant in a health plan.
Many an emergency manager has told me that they would not touch working at King County, Wash., as emergency manager. Hey, I survived 11 years in the job and left on my own terms. People in our business generally try to avoid politics since they don't want to get burned by getting involved.
When we asked readers to nominate the next wave of Roanoke's leaders, we received a slew of impressive submissions in a variety of categories. Applicants were judged not only on their career achievements but also on their involvement in the community and other factors; with 112 incredible nominees, choosing only 40 was an incredibly difficult decision for our editorial team!
People 65 and older now account for nine of out 10 COVID-19 deaths, a higher proportion than at any other time in the pandemic.
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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