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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The Adderall shortage of 2023 meant many people diagnosed with ADHD have had to go without since 2022. Here's why and how long the shortage may last.
Score a win in Alabama for the Voting Rights Act. Last week, Alabama finally received confirmation that its congressional districts will need to be redrawn. This comes after the current districts were found to dilute the voting strength of Black Alabamians, in violation of the federal Voting Rights Act (VRA).
When I was a boy, my father was my hero. He could do nothing wrong. What he said was always right, and what he did had no fault. At night, when my father would make his nightly rounds, saying good night to each of his children, I, the only boy of three, was the last to be visited by him and received the most time and attention. These times still stick in my mind, after more than 50 years.
New technology, analytical tools and shared data with suppliers are aimed at making merchants more agile in how they handle inventories
Years of concerns by government and policy officials over the use of fake images, audio and videos in election cycles got a spotlight this past week after Florida Gov. Ron DeSantis' presidential campaign dabbled in manipulated media.
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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