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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BALTIMORE, MD, September 26, 2024 – In overwhelming bipartisan fashion, the U.S. House of Representatives just passed the “Mathematical and Statistical Modeling Education Act,” (H.R. 1735) which, if enacted, would modernize STEM education in the United States. The bill passed by unanimous consent.
BALTIMORE, MD, September 26, 2024 – From reshaping healthcare delivery to optimizing global supply chains, developing life-saving algorithms and numerous other significant contributions, 12 pioneers in operations research and analytics are set to receive one of the highest honors in the field – being named an INFORMS Fellow. INFORMS, the premier international association for the decision and data sciences, proudly announces its 2024 class of Fellows – leaders whose innovative contributions have transformed industries, improved lives worldwide and significantly advanced INFORMS’ fields of interests. These luminaries will be celebrated at the 2024 INFORMS Annual Meeting, held October 20-23, in Seattle, Washington.
The Department of Transportation is investigating the airline loyalty programs associated with the four largest carriers — American, United, Delta and Southwest. The focus of the investigation is on the fairness, transparency, predictability and competitiveness of the airlines’ loyalty programs. Should program members be concerned that the investigation could change their benefits, possibly for th ...
Anna Nagurney, the Eugene M. Isenberg Chair in Integrative Studies in the Isenberg School of Management, has been appointed to serve a five-year term as an expert on supply chains in the Science Advice and Guidance for Emergencies (SAGE) program, an Office of Enterprise Services, Administration and Support Division program with a direct link to the Chief Scientist Office in the Department of Homeland Security (DHS).
The attacks on Hezbollah last week using explosives planted inside electronics highlight the risks and vulnerabilities of technology supply chains, experts say. The Wall Street Journal tapped Poole professor Rob Handfield, who explained that the complexity of electronics supply chains makes it difficult to trace the origins of every component or identify where potential vulnerabilities might be introduced.
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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