Artificial intelligence is mostly a blessing. But sometimes it can be a curse. New research currently under review at the journal Management Science explores a new instance of an algorithm gone awry.
Incoming chief executives tend to replace top lieutenants within the first few years of joining a company. New academic research suggests there might be an incentive to do so when it comes to at least one key position: the finance chief.
Investigators publish new report on Science - Management Science. According to news reporting originating in Berlin, Germany, by NewsRx journalists, research stated, “We study a firm’s capacity choice under demand uncertainty given that it must finance this investment externally. Sharing profits with investors causes governance problems affecting both capacity and demand: the firm may ‘steal’ capital, which reduces effective capacity, and ‘shirk’ on market development, which reduces demand.”
Bike-sharing systems have swept the world, making them the transportation mode of choice for many urban millennials. Cities like Hangzhou and Shanghai in China and London, Paris, and New York have the biggest networks. Washington, D.C. and Chicago are among the largest in the U.S.
Internet users seem to recognize native ads as advertisements and aren’t deceived into thinking that branded content is bona fide news, according to new research published by the Institute for Operations Research and the Management Sciences (INFORMS).
Jeff Cohen
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INFORMS
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With seemingly no limit to the demand for artificial intelligence, everyone in the energy, AI, and climate fields is justifiably worried. Will there be enough clean electricity to power AI and enough water to cool the data centers that support this technology? These are important questions with serious implications for communities, the economy, and the environment.
It’s college graduation season, which means over 4 million seniors will graduate in the next few weeks, flooding the job market with new candidates. One area that has shown high potential for the right candidates is artificial intelligence and machine learning. Both disciplines are part of the larger data and analytics career path.
Drugs being explicitly developed to treat rare diseases are getting more expensive.
Robert F. Kennedy Jr., as the new secretary of Health and Human Services, is the nation’s de facto healthcare czar. He will have influence over numerous highly visible agencies, including the Centers for Disease Control and Prevention, the National Institutes of Health and the Food and Drug Administration, among others. Given that healthcare is something that touches everyone’s life, his footprint of influence will be expansive.
The recent US-China agreement to temporarily reduce tariffs is a major step for global trade, with tariffs on US goods entering China dropping from 125% to 10% and on Chinese goods entering the US decreasing from 145% to 30% starting May 14. While this has boosted markets and created optimism, key industries like autos and steel remain affected, leaving businesses waiting for clearer long-term trade policies.
With sweeping new tariffs on Chinese-made products set to take effect this summer, Americans are being urged to prepare for price hikes on everyday goods. President Donald Trump's reinstated trade policies are expected to affect a wide swath of consumer imports, including electronics, furniture, appliances, and baby gear. Retail experts are advising shoppers to act before the tariffs hit and prices rise.
Twenty years ago, few people would have been able to imagine the energy landscape of today. In 2005, US oil production, after a long decline, had fallen to its lowest levels in decades, and few experts thought that would change.
In the case of upgrading electrical and broadband infrastructure, new analysis from the University of Massachusetts Amherst reveals {that a} “dig once” strategy is almost 40% more economical than changing them individually.