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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BALTIMORE, MD, October 17, 2023 – INFORMS, the largest association for decision and data sciences, announced Anahita Khojandi has been named the vice president of Membership and Professional Recognition at INFORMS.
BALTIMORE, MD, October 17, 2023 – INFORMS, the largest association for decision and data sciences, announced Tinglong Dai has been named the vice president of Marketing, Communication & Outreach at INFORMS.
BALTIMORE, MD, October 17, 2023 – INFORMS, the largest association for the decision and data sciences, announced that David Hunt has been elected the 2025 INFORMS President. Hunt is the vice president at Oliver Wyman and focuses on transportation policy, operations and strategic planning. He will join the INFORMS Board of Directors as president-elect in January 2024 and will then serve as president and past president in 2025 and 2026, respectively.
Canada remains one of the only countries in the world that allows legal and regulated access to recreational marijuana. But five years after the drug's legalisation, the country's cannabis industry is struggling for survival.
It may take years for other area hospitals to build the staffing and infrastructure needed to manage the patients left behind by the closure.
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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