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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INFORMS
Catonsville, MD
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An article that debunked 9 myths about women in the workplace, cited research from the INFORMS journal Organization Science that contradicted the misconception that women are emotional in the workplace, stating that workplaces that employers who support positive, social relationships between female coworkers experience less conflict among female employees.
CATONSVILLE, MD, March 5, 2019 – From the very first moment the term operations research (O.R.) was created during World War II, it has been indelibly connected to the development of modern military warfare. And while today, O.R. sees applications in every industry around the world, it continues to serve an integral role in military operations, from manpower and equipment, to strategy and intelligence.
FedEx has unveiled an early model of an autonomous delivery robot. The shipper is teaming up with Pizza Hut, Walmart, Walgreens and other companies on the delivery program. The initiative highlights the surging demand for speedier delivery and the race to develop autonomous technology for what’s known as the “last-mile,” or the final step of the logistics journey from warehouse or kitchen to a customer’s front door.
Jeffrey Camm, INFORMS Fellow and Associate Dean of Business Analytics and Inmar Presidential Chair in Analytics at the Wake Forest University School of Business, discusses the expanding role of analytics in manufacturing, including prescriptive analytics, automation and artificial intelligence.
Jane Mather, INFORMS member and Founder and Principal of Critical Core, encourages businesses looking to improve space usage and management to look beyond new workplace software and tools, especially in complex situations, or they could be looking at millions of dollars lost.
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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