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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New research from INFORMS members Sergeuei Netessine and Santiago Gallino, and INFORMS Fellow Marshall Fisher, all of the University Pennsylvania, can increase brick and mortar store revenue by as much as 20 percent by determining the optimal amount of staffing and training for individual stores.
INFORMS, the leading international association for professionals in operations research and analytics, has selected six finalists for the 48th annual Franz Edelman Award for Achievements in Advanced Analytics, Operations Research and Management Science, the world’s most prestigious award for achievement in the practice of analytics and operations research (O.R.).
INFORMS President and Heinz College Dean Ramayya Krishnan has received the 2018 Bright Internet Award (Jae Kyu Lee Award) from the Korea Society of Management Information Systems. The award honors those who have made excellent scholarly achievements and contributions in the field of management information systems, especially in the area of Bright Internet research and development.
NFL Football Operations is hosting an inaugural Big Data Bowl contest which challenges members of the data analytics community, from college students to professionals, to innovate how football is played and coached and contribute to the evolution of advanced analytics in the NFL.
Companies from Patagonia to Nike to Levi’s are leading the charge on social responsibility and supply chain transparency and they’ve encouraged their competitors to follow suit. But getting better visibility into a supply chain is an expensive and time-consuming endeavor for apparel makers. But do customers really care, and if so, are they willing to reward a company for its efforts? A new study in the INFORMS journal Manufacturing & Service Operations Management finds that customers do indeed value information related to a company’s supply chain — and many are prepared to pay a premium for greater supply chain visibility.
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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