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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The Federal Communications Commission (FCC), which pioneered the use of auctions to allocate spectrum for wireless service, has been named one of six finalists for the prestigious INFORMS Franz Edelman Award for Achievements in Operations Research and Management Science.
In 2016, Allegheny County, PA became the first jurisdiction in the U.S., or anywhere else, to use a predictive analytics algorithm - the Allegheny Family Screening Tool - to help child protective services identify children most at risk.
Europcar is one of six finalists for the 47th annual Franz Edelman Award for Achievements in Operations Research and Management Science from INFORMS, an operations research and analytics association.
What does the FCC's incentive auction and Turner's efforts to provide better demographic ad targeting have in common? Both are competing for the same prestigious award, the 2018 INFORMS Franz Edelman Award for Achievements in Operations Research and Management Science.
FCC and Turner broadcasting are among those listed among the six finalists for the prestigious 2018 INFORMS Franz Edelman Award for Achievements in Operations Research and Management Science.
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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