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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With back-up plans for running out of respirator masks and for opening an outpost to test patients for the COVID-19 coronavirus, Yale New Haven Hospital is “confident that we are ready” to handle any mass local outbreak.
Experts from Carey Business School share insights on how COVID-19 is weighing on the global economy and how retailers can become more resilient by diversifying supply chains.
In a breakthrough study, researchers have found that higher continuity of care, meaning a care team cooperatively involved in ongoing healthcare, is better for health outcomes.
CATONSVILLE, MD, March 9, 2020 – Research shows higher continuity of care, meaning a care team cooperatively involved in ongoing healthcare, is better for health outcomes, but can there be too much of a good thing? New research in the INFORMS journal Manufacturing & Service Operations Management finds the answer is “yes.”
National banks run stress tests to predict how they’ll perform in a financial catastrophe.
The “supply chain” has no such preliminary measurement. It takes a natural disaster or a pandemic to experience how strong the system is that gets consumers the things they consume.
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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