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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One out of two mobile apps released is a clone of an existing app. However, new research in the INFORMS journal Information Systems Research shows the success of the original app is not always adversely affected by these clone apps. The study found that whether the copycat app increases or decreases the number of downloads of the original is dependent upon the quality of the copy.
HQ Trivia, a daily trivia game show launched in August that broadcasts live on smartphones worldwide and offers thousands of dollars in cash prizes, combines the fundamentals of TV game shows with mobile technology that makes users feel like winning thousands of dollars is at their fingertips. HQ Insiders, a group of data scientists from Georgia, have collected and analyzed questions from the game since October, providing some interesting insight.
A submission from the Pediatric Heart Network (PHN), a consortium of nine leading North American children’s hospitals, including Children’s Healthcare of Atlanta, has been named as one of six 2018 finalists for the INFORMS Franz Edelman Award for Achievements in Advanced Analytics, Operations Research and Management Science. The Edelman Award is a prestigious honor given for achievement in the practice of advanced analytics and operations research. For more than four decades, winners have been recognized for revolutionary contributions that transform how we approach some of the world’s most complex problems.
CATONSVILLE, MD, April 9, 2018 – For every two mobile apps released, one is a clone of an existing app. However, new research published in the INFORMS journal Information Systems Research shows the success of the original app is not always adversely affected by the creation of clone apps. In fact, the study, which was conducted by Carnegie Mellon University researchers, found that whether the copycat app increases or decreases the number of downloads of the original is dependent upon the quality of the copy.
Baltimore, MD, April 6, 2018 – Nearly 1,000 of the world’s leading analytics professionals will arrive in Baltimore for the 2018 INFORMS Conference on Business Analytics and Operations Research on April 15-17 to share groundbreaking applications for analytics and how it is transforming nearly every industry around the world. INFORMS, the largest international association for operations research and analytics professionals, has been based in the Baltimore region for more than two decades, and the analytics applications of organizations from the Baltimore-Washington area will be showcased in myriad ways throughout the Conference. In addition, the economic impact of conference should reach nearly $1 million for the city of Baltimore.
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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