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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INFORMS President, Pinar Keskinocak, does her first live TV interview on the impact of supply chains amid the coronavirus pandemic.
At a time when healthcare leaders are trying to work out a huge range of issues around preparations for the COVID-19 pandemic, one area of endeavor that is coming into further focus is the operations management field. Operations management professionals work in many industries, focusing on ensuring the orderly and organized functioning of supply management and of operational processes. Their professional association, the Catonsville, Md.-based Institute for Operations Research and the Management Sciences, or INFORMS, has been active in helping its members who are working in the healthcare industry to help their organizations prepare for what’s coming next.
In states and cities across the U.S., government officials have ordered residents to stay home, shelter in place and otherwise put their familiar routines "on pause" to help quell the spread of COVID-19.
With President Trump saying he wants “the country opened” by Easter to salvage the U.S. economy, a fierce debate is now raging among policymakers over the necessity of shutting down vast swaths of American society to combat the novel coronavirus.
Even as the Ebola outbreak still raged in West Africa, congressional watchdogs began investigating how well-prepared U.S. airports and airlines were to deal with a rapidly spreading disease.
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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