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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This month, the Department of Transportation fined Jet Blue airlines $2 million for what it described as “multiple chronically late flights.” They penalized Frontier Airlines for the same reason. They also are suing Southwest Airlines for chronically delayed flights, based on how they unrealistically scheduled some flights that unavoidably led to delays.
BALTIMORE, MD, January 28, 2025 – Could your favorite hobbies help you get ahead at work? New research published in the INFORMS journal Organization Science explores “leisure-work synergizing,” a novel strategy for integrating professional development into leisure activities. The findings suggest that this approach can help employees thrive in their careers while enjoying their personal lives – but only if used in moderation.
President Trump has said he will impose a flat 25% tariff on goods coming from Canada and Mexico. It is important to mention that it is not clear whether sweeping tariffs will be imposed, and if so, when and to what extent. Whether tariffs are being used as a negotiation strategy, a threat, or are being seriously considered will become clearer in the next few weeks and months.
Health insurance has become necessary, with large and unpredictable health care costs always looming before each of us. Unfortunately, the majority of people have experienced problems when using their health insurance to pay for their medical care. Health insurance serves as the buffer between patients and the medical care system, using population pooling to mitigate the risk exposure on any one individual.
Costco shoppers should prepare for disruption after unionized warehouse employees affiliated with the Teamsters voted to authorize a strike. Costco has until January 31 to make a deal with the union, otherwise the strike will go into effect on February 1. "Our members have spoken loud and clear: Costco must deliver a fair contract, or they'll be held accountable," Teamsters General President Sean M. O'Brien said in a press release. "From day one, we've told Costco that our members won't work a day past January 31 without a historic, industry-leading agreement."
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