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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If there’s one state in the U.S. where you don’t want a pandemic, it’s Florida. Florida is an international crossroads, a magnet for tourists and retirees, and its population is older, sicker and more likely to be exposed to COVID-19 on the job than the country as a whole. When the coronavirus struck, the conditions there made it a perfect storm.
University administrators are spending their summers planning for how to hold classes safely in the fall. A new study co-authored by Yale SOM’s Edward Kaplan seeks to aid such decision making by using a computer model to estimate the likely effects of different approaches to testing and isolating infected students in a residential college setting. It finds that weekly testing will keep outbreaks under control under relatively optimistic scenarios, but that testing every three days would be more reliable.
As the novel coronavirus pandemic continues to rage across the U.S., people are yearning for a win after Washington’s spectacular failures to secure adequate supplies of testing kits and personal protective equipment. Success hinges on whether any of the fast-tracked Covid-19 vaccine candidates supported by the almost $10 billion federally funded Operation Warp Speed will save the day. With the aim of getting 300 million doses of safe and effective vaccines delivered by January 2021, the challenge is enormous.
Last August, five climate scientists were tasked with fact-checking an article on climate change by Climate Feedback, a global network of academics sorting fact from fiction. Under the lens was a piece titled “The Great Failure of the Climatic Model” that appeared in the Washington Examiner. It was gaining popularity on Facebook, which outsourced the fact-checking.
A study by an accounting professor at Virginia Tech’s Pamplin College of Business shows that first impressions can have a long-term impact on career success. In an article to be published in Management Science, professor Marshall Vance found that first impressions can weight future decisions regarding promotion decisions, even if on-the-job performance “tells a different story.”
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