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 member George Skiadopoulos shares new research in the INFORMS journal Management Science, which discusses a new economic indicator, based on stock index options prices, that predicts the U.S. economy is poised to expand robustly with no sign of a recession in sight.
CATONSVILLE, MD, June 1, 2018 – While many may dread campaign season because of pervasiveness of negative political advertising, a new study has found that negative political advertising actually works, but perhaps not in the way that many may assume.
The Institute for Operations Research and the Management Sciences will sponsor a summit Monday to encourage better use of data among government agencies. The summit, which will take place at the Reserve Officers Association building, will feature former Transportation Secretary Anthony Foxx and former CIA and NSA Director Michael Hayden.
Brock University professor and INFORMS member Michael Armstrong analyzes data from the 2014 Ebola outbreak in West Africa, and discusses the difference between linear growth and exponential growth, using that information to explain why it's important to stop the current outbreak in the Congo before it spreads.
INFORMS members Scott Nestler, CAP, and David Hunt were named by the University of Notre Dame’s Mendoza College of Business to its annual list of Office of the Dean Mission Awards, which honor faculty members for a specific research study that contributes to the common good. Nestler and Hunts “Using INFORMS Ethics Guidelines in the Classroom” describes how the Institute for Operations Research and the Management Sciences (INFORMS) and its ethics guidelines can be used in the classroom. Their work stems from their involvement with the creation of the INFORMS Ethics in O.R. & Analytics Group, which is meant to bring awareness to issues of ethics in operations research and analytics.
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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