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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Patients posting their opinions about doctors on online ratings websites are much less likely to discuss physicians with low perceived quality and are more prone than offline populations to exaggerate their opinions, according to a paper being presented at a healthcare conference sponsored by the Institute for Operations Research and the Management Sciences (INFORMS®).
The Institute for Operations Research and the Management Sciences (INFORMS®) and Military Operations Research Society (MORS) today commended the U.S. Defense Department Board Task Force on Defense Intelligence for a report recommending, in part, that operations research (O.R.) and advanced analytics methods be harnessed to improve counterinsurgency in Afghanistan and other theaters.
The Institute for Operations Research and the Management Sciences (INFORMS®) today congratulated Jack Levis, Director of Process Management at UPS, who led his team at UPS to win the coveted Gartner Business Intelligence Excellence Award.
The Institute for Operations Research and the Management Sciences (INFORMS) will host its first conference on healthcare in Montreal this June. INFORMS Healthcare 2011 takes place at the Hilton Bonaventure Hotel in Montréal from June 20-22.
The Institute for Operations Research and Management Sciences (INFORMS) today announced the establishment of the annual UPS George D. Smith Prize for operations research. The prize will recognize the practical importance of operations research while honoring academic leaders who embody the beliefs of Smith, the second CEO of UPS.
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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