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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Robert Phillips, founder of Nomis Solutions, a software company that applies cutting edge approaches to big data, advanced modeling, and deep analytics, was awarded the INFORMS Impact Prize. This award is presented every other year to individuals whose contributions include either an idea or technique that is widely used or a widespread methodology.
The Information Systems Society of INFORMS presented its 2016 Distinguished Fellow Award was presented to Yong Tan, the Neal and Jan Dempsey Professor of Information Systems at the University of Washington Foster School of Business. This award recognize individuals who have made outstanding intellectual contributions to the information systems discipline.
Three Penn State industrial engineering graduate students, along with a recent industrial engineering alumnus, were named awardees of the prestigious Koopman Prize by the Institute for Operations Research and the Management Sciences (INFORMS). The prize, named after Bernard Koopman, a founding father of military operations research, is awarded annually to recognize outstanding publications in military operations research.
Despite the widespread popularity of online social network platforms, privacy remains a troublesome issue. A new study from the Naveen Jindal School of Management. The researchers used data obtained from Facebook to test the relationship between privacy controls and disclosure patterns of Facebook users based on two popular content-sharing activities: wall posts and private messages. assesses the impact of Facebook’s granular privacy controls and its effects on user disclosure behavior.
CATONSVILLE, MD, November 30, 2016 – E-commerce platforms, such as Uber and eBay, which link sellers and buyers, face the perennial dilemma of what is more lucrative, supporting the needs of the buyers or the sellers. The traditional belief has been that it is more important to focus on buyers, who create demand, than on sellers.
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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