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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ChatGPT, the artificial intelligence chatbot that was released by OpenAI in December 2022, is known for its ability to answer questions and provide detailed information in seconds — all in a clear, conversational way.
BALTIMORE, MD, May 1, 2023 – As it currently stands, U.S. policies around organ transplantation are moving toward broader sharing of organs, with the goal of improving geographic equity. It’s a great goal, but not being achieved. These policies have gone through two major modifications in the last 10 years, but to no avail. Now, researchers are introducing a new model in a paper published in the INFORMS journal Manufacturing & Service Operations Management, which recommends a more efficient and equitable method to allocate organs with a policy that balances the supply (deceased donors) to demand (waiting list patients) ratios across geographies.
BALTIMORE, MD, April 24, 2023 – Anyone who’s ever watched the classic 1960s cartoon “The Jetsons” will recall the flying cars everyone used. Ever since, people have wondered when the day might come that flying cars could become reality.
In addition to writing articles, songs and code in mere seconds, ChatGPT could potentially make its way into your doctor’s office — if it hasn’t already.
Urban disasters bring uncertainties to society, urban transportation systems, and businesses. In a new study, researchers examined urban emergencies such as terrorist attacks and subway shutdowns to compare how a traditional taxi system and a ridesharing platform performed afterwards. The study found that the ridesharing platform significantly outperformed the taxi system in coping with emergencies, largely due to the benefits of technology.
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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