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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SAVVI Financial LLC co-founder, Dr. Dimitris Bertsimas, is awarded the INFORMS President's Award and the Prestigious John von Neumann Theory Prize.
In theory, a company should be intrinsically motivated to create a gender-diverse board of directors. More diversity means more ideas, competing views, and new perspectives. In practice, it’s a different story. New research appearing in the journal Organizational Science finds that firms can pay a steep price for their efforts to increase board diversity.
CATONSVILLE, MD, November 20, 2019 – After nine years as executive director of INFORMS -- the leading international association for operations research and analytics professionals (www.informs.org) -- Melissa Moore has announced her intention to retire on September 1, 2020.
Matherly Professor of Information Systems Anuj Kumar shares surprising data from a recent research study that shows how segregation in the U.S. has been impacted by the availability of online school ratings and challenges us to look beyond the internet for solutions. See what his research found in his TEDx talk from Boston, Massachusetts.
Cannabis is causing a few headaches in the drinks industry. This nascent category has seen beverage companies either invest millions – billions at Constellation Brands – or retreat to the watchtower to “monitor the situation”.
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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