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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Their most damaging aspect was the perception that they created among the public. The good news about the recent attack is how feeble it was and the information it revealed about the perpetrators.
Hurricane Ian inflicted massive destruction across many parts of Florida and the Carolinas. The power of nature dwarfs any destruction that humans can create. In spite of all the carnage that hurricanes produce, early warning and constantly improving forecasting facilitate timely responses that reduce risks and provide early warning to keep people out of harm’s way.
But airport operations unaffected in intrusions that targeted New York, Atlanta, Los Angeles airports as well.
The 2022-23 NHL season is about to begin with 32 teams hoping to win the Stanley Cup in June. But in every team management office, there’s an 800-pound gorilla: the salary cap.
If there is one thing we've had a crash course in during the pandemic is the supply chain.We've basically learned it affects everything in our life. With recent hurricanes disrupting cargo ship routes, holiday demand creeping up on us, and continued semi chip conductors... how are we doing? Can the supply chain catch up? Zach Collier is an assistant professor and supply chain expert with Radford University. He joined the KRLD Afternoon News to discuss the constant changes.
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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