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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In 2025, you can’t have an effective democracy without data literacy
Media Coverage

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.

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Shell Shocked: How Small Eateries Are Dealing With Record Egg Prices
Media Coverage

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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INFORMS
Catonsville, MD
[email protected]
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City needs proactive strategy to allow it full financial flexibility

City needs proactive strategy to allow it full financial flexibility

China Daily, January 5, 2025

In December, the US Congressional-Executive Commission on China issued its annual report, accusing Hong Kong of eroding freedoms and aiding Russia in its war against Ukraine. These allegations sparked speculation about potential United States sanctions, including disconnecting Hong Kong from the SWIFT worldwide banking system, which could trigger a depegging of the Hong Kong dollar (HKD) from the US dollar (USD). However, such extreme measures are unlikely, as they would require support from the European Union and other allies and could destabilize the global financial system. In fact, depegging the HKD from the USD would more likely be triggered by a significant dwindling of reserves in Hong Kong rather than a drastic US policy shift. 

Sheldon H. Jacobson: Will AI help or hurt football?

Sheldon H. Jacobson: Will AI help or hurt football?

Pittsburgh Post-Gazette, January 3, 2025

The final week of the NFL regular season has a handful of teams jockeying for playoff position. Just one upset loss can move a team from hosting a first-round game to an early offseason.

Port automation is a sticking point for dockworkers union

Port automation is a sticking point for dockworkers union

Marketplace, January 2, 2025

Dockworkers on the East and Gulf coasts could go on strike again in less than two weeks if they don’t reach a contract agreement with ports and shippers. Talks are set to resume next week, according to Bloomberg. The main sticking point between the two sides? Automation.

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