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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To help hospitals facing unprecedented demand for intensive-care beds to treat COVID-19 patients, we’ve developed a free simulation model to help assess how many ICU beds and surge capacity will be needed to meet demand as case numbers rise.
A New York hospital is putting two patients at a time on ventilators intended for one, a stopgap move that reflects the desperate shortage of lifesaving breathing devices during the coronavirus pandemic.
Six student teams from around the world are selected as finalists in the fourth annual INFORMS O.R. & Analytics Student Team Competition. The competition highlights impressive young talent and provides operations research (O.R.) and analytics students with the opportunity to solve the kind of real-world workplace challenges they will undoubtedly face during their careers.
Americans waste an obscene amount of food. Between 30 and 40 percent of food produced for human consumption never gets eaten, ending up in landfills where it breaks down and emits methane, a greenhouse gas whose pound-for-pound impact is 25 times greater than carbon dioxide over a 100-year period.
At some time in your life, you’ve probably been guilty of panic buying. During the coronavirus pandemic, it’s become one of the signature moves of many panicked Americans. Shelves of toilet paper and paper towels have been wiped-clean from supermarkets, disinfecting wipes disappearing for the first time ever, as is hand sanitizer.
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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