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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I thought it would be a simple purchase. A heater and some hard wax beads so I could wax my bikini line and armpits at home during lockdown. Hours later, I felt no closer to making a decision.
Dr. Thomas J Schriber, Professor Emeritus of Technology and Operations in the Stephen M. Ross School of Business at the University of Michigan, was recently selected as Top Professor of the Year for 2020 by the International Association of Top Professionals (IAOTP) for his commitment and contributions to his area during his career.
Airlines and airports around the world are doing everything they can to instill confidence that it is safe to fly again, despite the coronavirus pandemic.
We heard a lot about flattening the curve during the beginning of the pandemic. It had to do with making sure hospitals didn't get overwhelmed with patients sick from the virus.
A self-described optimist, Pinar Keskinocak doesn’t like to be the bearer of bad news. But the model she codeveloped at Georgia Tech of the COVID-19 pandemic in that state paints a “really bleak” picture of what lies ahead when physical distancing slowly erodes after shelter-in-place and stay-at-home orders end.
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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