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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CATONSVILLE, MD, March 27, 2018 – INFORMS, the leading international association for professionals in Operations Research and Analytics, announced today that the organization is hosting the 2018 Government and Analytics Summit in Washington, D.C. on May 21.
CATONSVILLE, MD, March 26, 2018 - Eight student teams from around the world have been selected as finalists in the 2018 INFORMS O.R. & Analytics Student Team Competition. The competition, which was introduced last year, highlights impressive young talent and provides O.R. and analytics students the opportunity to solve the kinds of real-world workplace challenges they will face during their careers.
Tune in to hear sports commentator Steve Russell discuss using analytics to improve the selection process for the NCAA March Madness with an author of the Interfaces article "Using Mathematical Programming to Select and Seed Teams for the NCAA Tournament," on the March 22nd broadcast of Sports Scene.
INFORMS member Lawrence Wein of Stanford University, discusses the many factors that have resulted in hundreds of thousands of backlogged sexual assault kits languishing untested in police department storerooms across the U.S., resulting in continued assaults by perpetrators, cases that have passed the statute of limitation, and lack of closure for victims. Wein concludes that a large one-time investment in testing the nation's backlog and investigating the resulting hits will pay off, both from a cost-benefit analysis perspective, as well as for the victims of these assaults.
Syngenta and the Analytics Society of INFORMS have announced the finalists for the 2018 Syngenta Crop Challenge in Analytics. Now in its third year, the competition—which is hosted by the Analytics Society of the Institute for Operations Research and the Management Sciences (INFORMS), aims to address the challenge of achieving global food security by fostering cross-industry collaboration between agriculture and advanced analytics experts.
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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