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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Ashley Smith
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INFORMS
Catonsville, MD
asmith@informs.org
443-757-3578
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CATONSVILLE, MD, July 7, 2017 – The conventional wisdom is that relying on revenues from outlet stores can destroy a brand’s cachet over time. But according to a forthcoming study in the INFORMS journal Marketing Science, a leading scholarly marketing journal, outlet stores may actually help improve the brand’s cachet.
Kalle Lyytinen, INFORMS member and professor at Case Western Reserve University, takes a look back at the innovation of the iPhone and the transformative role it has played since the smart phone boom began a decade ago.
Sridhar Tayur, INFORMS member and professor at Carnegie Mellon University, weighs in on the current uncertainty hanging over the U.S. health care sector.
Brock University professor and INFORMS member Michael Armstrong discusses how O.R. can be used to analyze the certain aspects of the Battle of Gettysburg during the American Civil War.
Andrew Stephen, INFORMS member and professor at the University of Oxford, discusses a recent study in the INFORMS journal Marketing Science that explores the unexpected spillover effects of seeded marketing campaigns.
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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