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 United States prides itself in being a world leader in science, technology and innovation. Yet, the country has fallen sorely short of effectively mobilizing its resources and capabilities to fight COVID-19.
As more states relax stay-at-home guidelines, many consumers across the country are re-entering spaces that were once very familiar to them: retail stores, restaurants and other public places.
For all the pain the coronavirus pandemic has handed the meat industry, the implications may be especially strong for a less-publicized segment of the business: organic chickens.
How good is your company’s supply chain? That’s a question that we addressed on a recent webinar we created for CEOs and presidents to address the impact the coronavirus is having and will continue to have on supply chains for the remainder of the year and into 2021. We had some outstanding resources addressing important issues.
A video interview with a global supply chain expert conducted by Sytske Wijnsma, a PhD candidate at Cambridge Judge Business School, was utilised in a recent Executive MBA class on Operations Management at Cambridge Judge.
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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