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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Traffic congestion is a serious problem in the United States, but a new analysis shows that interactive technology -- ranging from 511 traffic information systems and roadside cameras to traffic apps -- is helping in cities that use it.
Shortly after the Wisconsin Supreme Court overturned Gov. Tony Evers' stay-home order last week, pictures of people drinking in bars ricocheted around social media, creating the impression among some that the state was wide-open for business.
Compared to two months earlier, an additional 3.5 million Ohioans hunkered down in April at the height of Gov. Mike DeWine’s 40-day stay-at-home order. After a week of slowly reopening the state economy, 80% of these people have left their homes, according to an Akron Beacon Journal and USA TODAY analysis of cellphone data compiled by SafeGraph, a third-party analytics firm.
INFORMS, the leading international association for operations research (O.R.) and analytics professionals, has awarded UPS with the 2020 INFORMS Prize for sustained and enduring institutional achievement. UPS is the first company in the history of the prize to win twice; it previously won this prize in 2003.
The league wants to come back in July. Medical professionals say that’s possible—but have plenty of concerns about how it could happen.
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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