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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Trust in the ESG compliance of some top US companies’ supply chains may be “misplaced”, warn two top supply chain academics.
To anyone who followed the news from COP26, the UN climate summit in Glasgow, it is clear that the world needs to act quickly and decisively if we are to avoid climate disaster. This is especially clear to those affected by wildfires across the American West, flooding in New Jersey and Tennessee, as well as heatwaves in Portland. We must reduce carbon and other greenhouse gas emissions radically.
Just when consumers have come to terms with, and have even embraced, online shopping during the pandemic and after, the proverbial rug's been pulled out from under us because of supply chain logjams – and during the holiday season to boot. Investors in the retail space might want to know what to expect for the industry.
New audio is available for media use featuring supply chain expert Anna Nagurney on food shortages, the holiday season and the nation’s current supply chain crisis. This content is made available by INFORMS, the largest association for the decision and data sciences. All sound should be attributed to Anna Nagurney. She is the Eugene M. Isenberg Chair in Integrative Studies and is PhD Coordinator in Management Science as well as the Director, Virtual Center for Supernetworks Operations & Information Management at the University of Massachusetts, Amherst. There are four questions and responses. These responses were provided on November 18, 2021.
New audio is available for media use featuring supply chain expert Robert Handfield on the nation’s current supply chain crisis and the actions that need to be taken to address it. This content is made available by INFORMS, the largest association for the decision and data sciences. All sound should be attributed to Robert Handfield. He is the executive director of supply chain resource cooperative, and he’s the Bank of America University Distinguished Professor of operations and supply chain management at North Carolina State University. There are four questions and responses.
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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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