While the 100-day review is designed to better understand several aspects of U.S. supply chains, it will hopefully force companies to reassess how they move products through the chain.
Today, an estimated 90% of the world’s goods are transported by sea, with 60% of that – including virtually all your imported fruits, gadgets and appliances – packed in large steel containers. The rest is mainly commodities like oil or grains that are poured directly into the hull. In total, about US$14 trillion of the world’s goods spend some time inside a big metal box.
Defying the pessimists who doubted the ability of Yale students to follow COVID-19 safety protocols, the Yale student body conducted itself in a safer manner than expected last semester. To put a number on it, the R0 value, or the number of secondary cases generated by an initial case, of the student body last semester was 1.85—compared to the 2.3 that experts set as the maximum value that could still keep student infections under control. Yale researchers Joseph Chang, Forrest Crawford, and Edward Kaplan calculated this number and devised the twice-weekly testing plan implemented among Yale College’s on-campus student body last semester.
Big-power muscle flexing helps explain much of the world’s vaccine inequities, but there's another reason behind insufficient doses: The challenge of making them is unprecedented.
So much has changed since COVID-19 pressured the medical industry to innovate in the Pharma supply chain, making a lasting impression.
Ashley Smith
Public Affairs Coordinator
INFORMS
Catonsville, MD
asmith@informs.org
443-757-3578
An audio journey of how data and analytics save lives, save money and solve problems.
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).
The genetic testing company 23andMe, which holds the genetic data of 15 million people, declared bankruptcy on Sunday night after years of financial struggles. This means that all of the extremely personal user data could be up for sale—and that vast trove of genetic data could draw interest from AI companies looking to train their data sets, experts say.
Robert F. Kennedy Jr., as the new secretary of Health and Human Services, is the nation’s de facto healthcare czar. He will have influence over numerous highly visible agencies, including the Centers for Disease Control and Prevention, the National Institutes of Health and the Food and Drug Administration, among others. Given that healthcare is something that touches everyone’s life, his footprint of influence will be expansive.
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.
From Tesla to SpaceX to xAI, Elon Musk’s sprawling global business empire will be slammed by Trump’s tariffs regime. Here’s how.
A bipartisan push in Congress would return the power to impose tariffs to the legislature.
Billionaire investor Mark Cuban's question to Representative Matt Gaetz, a Florida Republican, on energy costs took off on social media on Saturday.
Florida lawmakers have banned wind turbines off its shores and near the coast, saying the bill is meant to protect wildlife and prevent noise.