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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Since the invasion of Ukraine began, the increasing financial and reputational risks of doing business in Russia are leading Western brands to halt operations.
CATONSVILLE, MD, March 10, 2022 – After states throughout America instituted general lockdowns for businesses, employers and residents when COVID-19 arrived in the United States in 2020, one of the first measures taken to offset the impact came when the U.S. Congress passed the CARES Act that was signed into law on March 27, 2020. That measure provided $4.4 trillion in assistance to businesses and individuals through “stimulus checks” that were sent to millions of qualifying U.S. citizens.
When Ukrainian President Volodymyr Zelenskyy told the world last month, “I need ammunition, not a ride,” the ammo he especially wanted was anti-tank and anti-aircraft missiles. Since then, countries around the world have energetically responded, sending shipments that include Javelin anti-tank missiles and Strela anti-aircraft missiles.
BARCELONA, Spain (AP) — The Russian tanks and missiles besieging Ukraine also are threatening the food supply and livelihoods of people in Europe, Africa and Asia who rely on the vast, fertile farmlands of the Black Sea region — known as the “breadbasket of the world.”
Anna Nagurney, professor of supply chains, logistics and economics at the University of Massachusetts Amherst, explains to Moore In The Morning how Russia’s invasion of Ukraine (Europe’s bread basket) could cause shortages, higher prices, and possibly even a famine across three continents.
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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