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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Syngenta and the Analytics Society of INFORMS® are proud to recognize a team from the University of Novi Sad in Serbia as the winner of the second annual Syngenta Crop Challenge in Analytics.
What started around 2011 as an effort to find a better way to establish appropriate unit rents has led Lake Oswego, OR-based Holiday Retirement to consistently realizing a 10% revenue increase from new leases and receiving an international award for implementing a revenue management system that was new to the senior living industry.
LAS VEGAS, NV, April 4, 2017 – With the backdrop of a fast-growing growing global population and looming challenges to produce enough food to feed the world, a group of students from the University of Warwick, Nottingham University, and Cardiff University in the United Kingdom have developed a new method to develop better-performing soybean strains that could lead to a world-wide increase in food production.
INFORMS, the leading international association for operations research and analytics professionals, announced it has awarded Holiday Retirement its 2017 Franz Edelman Award for Achievement in Operations Research and the Management Sciences for its use of operations research (O.R.) to improve the pricing model for its more than 300 senior living communities across the country.
INFORMS, the leading international association for operations research and analytics professionals, announced that both the U.S. Air Force and The Walt Disney Company have received the 2017 INFORMS Prize for their pioneering and enduring integration of operations research (O.R.) and analytics programs into their organizations.
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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