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.
Ashley Smith
Public Affairs Coordinator
INFORMS
Catonsville, MD
[email protected]
443-757-3578
Explore our resources for multiple topics including:
Chief executives who frequently appear in the media tend to be paid more, according to a new study in the INFORMS journal Organization Science.
Setting overly ambitious goals doesn't have the positive outcome many organizations are striving for, new research finds. A study recently published in the INFORMS journal Organization Science revealed that, rather than boosting drive and innovation and improving organizational performance, stretch goals more often undermine a company's performance.
The INFORMS Certified Analytics Professional (CAP) credential is a general analytics certification that certifies end-to-end understanding of the analytics process, from framing business and analytic problems to acquiring data, methodology, model building, deployment and model lifecycle management. It requires completion of the CAP exam and adherence to the CAP Code of Ethics.
Michael Armstrong, INFORMS member and professor at Brock University shares the negative impact of greed and unethical behavior on industry, from banking to property development, and how analytics can be used to help, not harm customers.
INFORMS member and University of Toronto professor, Nitin Mehta, discusses a new study he coauthored in the INFORMS journal Marketing Science that investigates the increase in health care costs associated with chronic disease in the context of consumers enrolled in employer sponsored insurance plans.
OR/MS Today is the INFORMS member magazine that shares the latest research and best practices in operations research, analytics and the management sciences.
Access OR/MS Today Magazine
Analytics magazine showcases articles and research reports based on big data, AI, machine learning, data analytics and other new-age technologies.
Access Analytics Magazine