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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A new study finds that the gender pay gap for university presidents -- currently about 9 percent -- in large part disappears at the most elite colleges and universities. The study was published in the journal Organization Science.
The lengths to which women still have to go to break the glass ceiling in higher education are laid bare by new data which show that just one in six universities globally has a female leader.
University of Maryland Medical Center in Baltimore was the site of the drone delivery of an organ used in a transplant, officials said. The flight took place April 19. Beginning at 1 a.m., a kidney was flown for about 10 minutes, covering a distance of 2.6 miles across the city to UMMC. With a scheduled operation time for 5 a.m., the organ was then successfully transplanted into a patient with kidney failure. The team behind the effort believes use of unmanned vehicles can expand access to donor organs.
The University of Oxford has received its single largest single donation in hundreds of years to help fund research into the ethics of artificial intelligence from the founder of investment firm Blackstone, Stephen Schwarzman.
Warren Powell, Oxford University engineer and INFORMS member, discusses dynamic resource allocation and the impact advances in operations research tools can have in addressing allocation issues on a global level.
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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