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, December 16, 2016 – With travelers spending more than $278 billion on accommodations in the U.S. last year, hotel chains that explore creative new ways to engage customers have the potential to significantly increase their profits.
Every day millions of people rely on GPS to navigate to and from locations around the world. But what happens if you must frequently travel through an area that is accessed primarily by private roads, or you drive a vehicle that cannot safely navigate on certain routes?
According to a new study in the INFORMS journal Information Systems Research, even though online social platforms are offering several privacy controls to users, it depends on the user how to use them making privacy a debatable issue. Using data obtained from Facebook researchers tested the relationship between privacy controls and disclosure patterns of Facebook users based on two popular content-sharing activities: Wall posts and private messages. The study found people have different views on the value of privacy controls in managing disclosures, and therefore privacy dangers.
Deepak Agrawal, a doctoral student in industrial engineering, will be receiving two awards at the Institute of Operations Research and the Management Sciences (INFORMS) 2016 Annual Meeting in Nashville. Agrawal will be receiving the Judith Liebman Award and INFORMS Volunteer Service Award at the Meritorious Level. The awards were designed to recognize INFORMS members who have made exceptional and sustained contributions to their university’s INFORMS chapter.
A new study in the INFORMS journal Marketing Science found that leveraging psychological theories on sympathy when drafting a fundraising letter can increase donations by more than 300 percent.
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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