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.
An audio journey of how data and analytics save lives, save money and solve problems.
Ashley Smith
Public Affairs Coordinator
INFORMS
Catonsville, MD
[email protected]
443-757-3578
Explore our resources for multiple topics including:
When Joe Biden was a US presidential candidate in 2019, he tweeted, “Trump doesn’t get the basics. He thinks his tariffs are being paid by China. Any freshman econ student could tell you that the American people are paying his tariffs.”
In June 2019, then-presidential candidate Joe Biden tweeted: “Trump doesn’t get the basics. He thinks his tariffs are being paid by China. Any freshman econ student could tell you that the American people are paying his tariffs.”
In June 2019, then-presidential candidate Joe Biden tweeted: “Trump doesn’t get the basics. He thinks his tariffs are being paid by China. Any freshman econ student could tell you that the American people are paying his tariffs.”
In the current era of artificial intelligence (AI) reshaping industries worldwide, integrating AI in healthcare, public policy, and business is paramount. Dr. Soroush Saghafian, the visionary founder and director of the Public Impact Analytics Science Lab (PIAS-Lab) at Harvard, is a key figure at this intersection. His pioneering work as a Harvard professor involves developing, integrating, and using appropriate analytical tools in operations research, management science, machine learning and big data, decision-making, statistics, AI, and related fields has profoundly impacted societal outcomes.
Large language models (LLMs) have brought about advances in artificial intelligence that few researchers thought possible before, at least so soon. ChatGPT set records for its fastest-growing user base in internet history a mere two months after its release to the public. Now there’s frequent talk about the inevitability of artificial general intelligence, where machines have the same types of abilities as humans. Before we get too excited though, we must be mindful of both what LLMs can’t do and what they do that is undesirable.
OR/MS Today is the INFORMS member magazine that shares the latest research and best practices in operations research, analytics and the management sciences.
Access OR/MS Today Magazine
Analytics magazine showcases articles and research reports based on big data, AI, machine learning, data analytics and other new-age technologies.
Access Analytics Magazine