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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“We don’t know what’s in a shot?” George Perry said, “We don’t know what’s in a hot dog either.”
MARLBORO COUNTY. S.C. (WBTW) — Marlboro County defied Governor Henry McMaster’s ban on mask mandates by requiring masks in all schools starting Aug. 23.
Nearly one out of every five COVID-19 cases reported weekly in North Carolina is connected with a child.
Over the next week, colleges and universities will welcome students back to campus for what many hope to be a normal semester of classes, activities, sports, and socializing. Over 730 are mandating COVID-19 vaccination for their students, including the University of Pennsylvania, Villanova, and Drexel, with some extending the requirement to faculty and staff. The hope is that vaccination will significantly reduce infection risk on campus and keep everyone safe.
CATONSVILLE, MD, August 18, 2021 – Believe it nor not, more and more lending companies are turning to human-robot interaction to help with investment advice. But how do people react and what’s the result of an investment decision when robots use algorithms to make suggestions? New research in the INFORMS journal Information Systems Research finds that investors who could benefit most from robo-advisors (RAs) aren’t using them. And those who are, change their minds too quickly to see a return.
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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