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).
President Donald Trump's sweeping new tariffs will raise the likelihood of a recession and hike prices for an array of goods, including coffee, bananas, laptops and toys, multiple analysts told ABC News.
Lotteries have become ubiquitous, available in nearly every state. The most recognized national lotteries, Mega Millions and Powerball, have jackpots that reach $1 billion a few times every year.
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New audio is available for media use featuring Javad Mohammadi, an assistant professor with the Cockrell School of Engineering at The University of Texas at Austin. His research focuses on addressing the resiliency and decarbonization needs of the electric grid and electrified mobility systems. He is also a member of INFORMS.
BALTIMORE, MD, February 10, 2022 – As the popularity and ubiquity of electric vehicles (EV) rapidly increases, so too is the burden of EV charging on electric utility companies. New research in the INFORMS journal Manufacturing & Service Operations Management finds that utilizing new business models that promote “smart charging” options can alter the cost curve for consumers and utility providers alike, creating a win-win situation that strengthens the mass market viability for the entire electric vehicle ecosystem.
Gov. Steve Sisolak will announce the suspension of Nevada’s mask mandate at a virtual news conference he’s scheduled for 10 a.m. Thursday, following the lead of governors in several other states as COVID-19 case numbers continue to fall, multiple sources confirm.
A radio personality refuses to be vaccinated and ends up losing his job. This is something that may occur in some parts of the U.S. But in Canada, where getting fired for anything is exceedingly more difficult?
Screening protocols to determine who qualifies for "compassionate dialysis" in hospitals with high numbers of uninsured patients are driving an unintended consequence, an SMU analysis has found. The protocols are putting too much strain on the emergency room, as measured by how long ER patients are waiting to be seen and other metrics.
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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