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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David Simchi-Levi is a well-known figure in the world of supply chain and engineering. He is a Professor of Engineering Systems at MIT. He founded a few companies over the course of his career in the realm of supply chain data analytics.
After a year of prolonged negotiations that have led to delays and declines in cargo, the two sides agreed to a new contract with help from the Biden administration.
An onslaught of high-quality, AI-generated political “deepfakes” has already begun ahead of the 2024 presidential election – and Big Tech firms aren’t prepared for the chaos, experts told The Post.
The collapse of a section of Interstate 95 near Philadelphia will raise the cost of goods across the East Coast, Pete Buttigieg warned on Tuesday.
U.S. Transportation Secretary Pete Buttigieg promised Tuesday to help repair the East Coast’s main north-south highway as quickly as possible and said that the destruction of a section of I-95 will likely raise the cost of consumer goods because truckers must now travel longer routes.
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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