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.
An audio journey of how data and analytics save lives, save money and solve problems.
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A team of researchers from Dartmouth College in Hanover and the University of Coimbra in Portugal have developed a solution to delays and disruptions in airline operations that result in billions of dollars of additional cost to airlines, passengers, and the economy each year.
CATONSVILLE, MD, October 14, 2019 – New research published in the INFORMS journal Management Science finds that an online retailer’s delivery strategy is imperative to that retailer’s success and can be a determinant factor as to whether consumers purchase again.
CATONSVILLE, MD, October 10, 2019 – The food delivery business, popularized by mobile online services such as Grubhub, OrderUp, and DoorDash, has become a $200 billion industry, which is expected to grow by more than 15% annually over the next five years. New research published in the INFORMS journal Transportation Science reveals how food delivery businesses can implement changes in driver shifts and order delivery structures that can decrease costs and contribute to higher profits.
CATONSVILLE, MD, October 9, 2019 – A gentle nudge in the right direction is sometimes all people need. In this case, new research in the INFORMS journal Marketing Science finds it works when it comes to promoting healthy eating.
The hardest part of work is getting started.
It’s never been easy — there’s something about human nature that makes many of us wait and wait for the ‘perfect moment’ to open that Word doc or switch on the phones. However, science has shown that today’s plugged-in workforce genuinely has a tougher challenge than our ancestors.
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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