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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When politics or production go haywire in China, Apple CEO Tim Cook most often takes the “grin and bear it” approach.
Baltimore [US], November 27 (ANI): The chief executive officer of ‘Goya’, a sizable Latin food brand in the US, publicly complimented and endorsed then-president Donald Trump during a campaign rally during the 2020 U.S. presidential election. Both a boycott and a counter-boycott movement in favor of the brand were started in response to the comments.
Artificial intelligence has become a disruptive force in society. Terms such as machine learning, deep learning and neural networks have become commonplace among mainstream media, elicit ing visions of innovation that has the potential to change our lives.
Imagine it’s September 2023 and another Category 4 hurricane is gathering steam off the Gulf Coast. We don’t know where landfall will happen, so we can’t gauge the impact the storm will have on states, cities, communities and ultimately the supply chain that will be critical to any recovery effort.
Consumers are at the mercy of drug companies when it comes to learning about what is causing the shortages, and how and when they might be resolved.
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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