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.
An audio journey of how data and analytics save lives, save money and solve problems.
Ashley Smith
Public Affairs Coordinator
INFORMS
Catonsville, MD
[email protected]
443-757-3578
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INFORMS member and Director of the Transportation Center at Northwestern University, Hani Mahmassani discusses solutions to the bumper-to-bumper traffic associated with nearly every hurricane evacuation effort, and why these solutions are often not implemented.
The INFORMS newly redesigned website has been recognized by the Web Marketing Association with the Associations Standard of Excellence Award, a 2017 Web Award for Outstanding Achievement.
CATONSVILLE, MD, September 8, 2017 - Can responding to online reviews improve a business’ online reputation? According to a forthcoming study in the INFORMS journal Marketing Science, a leading academic marketing journal, management responses can not only lead to higher ratings for businesses, but also more informative reviews.
A recent study published in the INFORMS journal Marketing Science shows that the effectiveness of ad content is directly impacted by the weather: on sunny days, consumers respond to positive tone ads, while on rainy days the opposite is true.
Hurricane Harvey severely affected residents and businesses in Houston and other areas of southeast Texas. As meetings return to the region, many are using their time there to give back to the local community. INFORMS, which will hold its annual meeting in Houston next month, is also in the process of developing a coordinated effort to helps its members and attendees make a positive impact in the community during their time there.
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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