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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For emergency workers like firefighters, police officers and ambulance crews, responding to traumatic situations can take an emotional and psychological toll, contributing to difficulties like professional burnout, post-traumatic stress disorder and depression.
CATONSVILLE, MD, November 4, 2019 – It’s no longer news that our data is for sale. Data brokers often use online browsing records to create digital consumer profiles that are then sold to marketers as pre-defined audiences for targeted advertising.
Could your eating habits be better? You’re in good company. Despite decades of haranguing by parents, health professionals, government agencies, and podcasters, the average American is still eating too much sugar and highly processed foods and too few fruits and vegetables. We’re taking in too many calories and too few nutrients. As a result we’re both overweight and undernourished.
About 15 years ago, Yuval Salant bought a laptop at a major electronics chain store. The salesperson offered him an extended warranty to cover any repairs needed after the manufacturer’s warranty expired.
It was March 25, 2000. A sea of red filled State Street, and Badger fans around the country were celebrating. The University of Wisconsin-Madison men’s basketball had just defeated Purdue in the NCAA tournament, securing a spot in the Final Four.
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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