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.
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The application of operations research and analytics to speedily processing complex securities transactions allowed Mexico’s Indeval to win the 2010 Franz Edelman Award for Achievement in Operations Research and the Management Sciences at a banquet sponsored by the Institute for Operations Research and the Management Sciences (INFORMS) in Orlando tonight.
The Institute for Operations Research and the Management Sciences (INFORMS®) today announced six finalists that will compete for the 2010 Franz Edelman Award for Achievement in Operations Research and the Management Sciences in Orlando this year.
The team consisting of the Delaware River Basin Commission and its conservation partners is among six finalists that will compete for the INFORMS 2010 Franz Edelman Award for Achievement in Operations Research and the Management Sciences in Orlando on April 19 at the Hilton Bonnet Creek.
Deutsche Post DHL’s Global Branding Unit is among six finalists that will compete for the INFORMS 2010 Franz Edelman Award for Achievement in Operations Research and the Management Sciences in Orlando on April 19 at the Hilton Bonnet Creek.
Indeval’s analytics team is among six finalists that will compete for the INFORMS 2010 Franz Edelman Award for Achievement in Operations Research and the Management Sciences in Orlando on April 19 at the Hilton Bonnet Creek.
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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